+
Government plans to build 45 km of roads each day in FY24
ROADS & HIGHWAYS

Government plans to build 45 km of roads each day in FY24

Despite the possibility of a worldwide economic slowdown, India is expected to speed up highway construction this fiscal year, building the longest road ever in a single year.

Internally, the MoRTH (minister of roads, transport, and highways) has set a target of building at least 45 km of highways each day this year. This ambitious goal was set in response to the failure to complete the planned amount of road building over the previous two fiscal years, despite having completed a record 13,298 km (36.4 km/day) during the pandemic-hit year of 2020–2021. The pace then reduced to around 29 km in FY22, and it is anticipated that it would stay that way in FY23.

According to data available through February, road construction will pick up speed in the current fiscal year as awards of roads have significantly improved recently. Many projects that were close to completion will also soon be operational, particularly in the Union territories of Jammu & Kashmir and Ladakh. If unfavourable weather conditions do not hinder construction this year, record numbers of roadways will open in FY24.

The official target may be slightly lower than the government's stated goal of 45 km per day of construction, more in line with the 12,200 km actually completed last year, as delays in clearances, land acquisition, and rising input costs could impede some unprofitable road projects with unattractive traffic projections for investors.

However, officials claimed that 45 Km was a realistic goal and that additional work may have really been completed in FY24.

Highway work has been ordered to go more quickly, and any obstacles have been asked to be removed. The ministry is also anticipated to organise a number of high-level inter-ministerial conferences with state government representatives to address project-related difficulties and start work right away.

In order to complete the backlogged road projects, the national government increased MoRTH's financial allocation by 36% to Rs 2.7 lakh crore.

See also:
42 km/day of NH construction, highest in FY23
Budget 2023: A 25% increase in funding for road construction


Despite the possibility of a worldwide economic slowdown, India is expected to speed up highway construction this fiscal year, building the longest road ever in a single year. Internally, the MoRTH (minister of roads, transport, and highways) has set a target of building at least 45 km of highways each day this year. This ambitious goal was set in response to the failure to complete the planned amount of road building over the previous two fiscal years, despite having completed a record 13,298 km (36.4 km/day) during the pandemic-hit year of 2020–2021. The pace then reduced to around 29 km in FY22, and it is anticipated that it would stay that way in FY23. According to data available through February, road construction will pick up speed in the current fiscal year as awards of roads have significantly improved recently. Many projects that were close to completion will also soon be operational, particularly in the Union territories of Jammu & Kashmir and Ladakh. If unfavourable weather conditions do not hinder construction this year, record numbers of roadways will open in FY24. The official target may be slightly lower than the government's stated goal of 45 km per day of construction, more in line with the 12,200 km actually completed last year, as delays in clearances, land acquisition, and rising input costs could impede some unprofitable road projects with unattractive traffic projections for investors. However, officials claimed that 45 Km was a realistic goal and that additional work may have really been completed in FY24. Highway work has been ordered to go more quickly, and any obstacles have been asked to be removed. The ministry is also anticipated to organise a number of high-level inter-ministerial conferences with state government representatives to address project-related difficulties and start work right away. In order to complete the backlogged road projects, the national government increased MoRTH's financial allocation by 36% to Rs 2.7 lakh crore. See also: 42 km/day of NH construction, highest in FY23 Budget 2023: A 25% increase in funding for road construction

Next Story
Infrastructure Energy

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Next Story
Real Estate

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Next Story
Infrastructure Energy

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App