+
Government building expressways, investing Rs 4.5 trn: Gadkari
ROADS & HIGHWAYS

Government building expressways, investing Rs 4.5 trn: Gadkari

Nitin Gadkari, Union Minister, announced that the government was undertaking the construction of several greenfield expressway projects totalling 10,000 km throughout the country. He stated that the cost of these projects would amount to Rs 4.5 trillion. Gadkari mentioned that these road developments were part of the Bharatmala Pariyojana, a road network initiative.

During the event on 'Management Development Program on Infrastructure Financing' organized by IIM Kozhikode, the minister informed that the National Highways Authority of India (NHAI) had raised over Rs 70o billion through various financing methods. He added that this amount would be utilised for the construction of highway projects.

Gadkari explained that the government had conceptualized the Bharatmala Pariyojana, encompassing a 65,000 km highway development plan across the nation. The initial phase of this plan consisted of a road network spanning 34,800 km. As part of this initiative, the government aimed to construct 10,000 km of greenfield expressways, amounting to Rs 4.5 trillion.

The minister stated that the total length of India's National Highway (NH) network had risen from 91,000 km in 2014 to nearly 1.45 lakh km presently.

Furthermore, Gadkari emphasized that the government had made significant efforts to boost the economy through the national infrastructure pipeline and the PM Gati Shakti National master plan. These programs aimed to achieve comprehensive and integrated development in the country, resulting in cost and time savings. The newly established infrastructure projects would also enhance connectivity to remote regions.

Regarding infrastructure investment, the minister highlighted the importance of asset monetisation. He mentioned that NHAI held a 27% share under the national monetization pipeline. Additionally, the government was pursuing various models of monetization for national highways assets, including ToT (Toll-Operate-Transfer), InVIT (Infrastructure Investment Trust), and project-based financing, he stated.

Also read:
Kerala Water Authority to Expand Water Supply Network in Muvattupuzha
Minister unveils Rs 350 million twin sewage projects in Rajkot


Nitin Gadkari, Union Minister, announced that the government was undertaking the construction of several greenfield expressway projects totalling 10,000 km throughout the country. He stated that the cost of these projects would amount to Rs 4.5 trillion. Gadkari mentioned that these road developments were part of the Bharatmala Pariyojana, a road network initiative. During the event on 'Management Development Program on Infrastructure Financing' organized by IIM Kozhikode, the minister informed that the National Highways Authority of India (NHAI) had raised over Rs 70o billion through various financing methods. He added that this amount would be utilised for the construction of highway projects. Gadkari explained that the government had conceptualized the Bharatmala Pariyojana, encompassing a 65,000 km highway development plan across the nation. The initial phase of this plan consisted of a road network spanning 34,800 km. As part of this initiative, the government aimed to construct 10,000 km of greenfield expressways, amounting to Rs 4.5 trillion. The minister stated that the total length of India's National Highway (NH) network had risen from 91,000 km in 2014 to nearly 1.45 lakh km presently. Furthermore, Gadkari emphasized that the government had made significant efforts to boost the economy through the national infrastructure pipeline and the PM Gati Shakti National master plan. These programs aimed to achieve comprehensive and integrated development in the country, resulting in cost and time savings. The newly established infrastructure projects would also enhance connectivity to remote regions. Regarding infrastructure investment, the minister highlighted the importance of asset monetisation. He mentioned that NHAI held a 27% share under the national monetization pipeline. Additionally, the government was pursuing various models of monetization for national highways assets, including ToT (Toll-Operate-Transfer), InVIT (Infrastructure Investment Trust), and project-based financing, he stated. Also read: Kerala Water Authority to Expand Water Supply Network in MuvattupuzhaMinister unveils Rs 350 million twin sewage projects in Rajkot

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?