Govt aims to accelerate highway construction to 40 km/day
ROADS & HIGHWAYS

Govt aims to accelerate highway construction to 40 km/day

With less than 12 months left for the next general election, the central government wants to ramp up highway construction across the country. Union cabinet minister Nitin Gadkari has asked officials of the Ministry of Road Transport and Highways to ramp up the pace of construction to around 40 km per day from the present 34 km per day target.

The centre plans to build 12,500 km of roads in the current fiscal year ending March 31, 2024. A higher pace of construction would likely translate into more than 17 per cent achievement over the target.

The mode of construction for these roads will be a mix of engineering, procurement and construction, hybrid annuity and build-operate-transfer mode. In May, national highway construction was up over 12 per cent at 1,465 km as compared to 1,307 km during the corresponding period in 2022-23. The road transport ministry will spend 91 per cent of its budgetary allocation of Rs 2,58,606 crore by December this year. Actual expenditure as of May-end was Rs 59,078 crore.

With less than 12 months left for the next general election, the central government wants to ramp up highway construction across the country. Union cabinet minister Nitin Gadkari has asked officials of the Ministry of Road Transport and Highways to ramp up the pace of construction to around 40 km per day from the present 34 km per day target. The centre plans to build 12,500 km of roads in the current fiscal year ending March 31, 2024. A higher pace of construction would likely translate into more than 17 per cent achievement over the target. The mode of construction for these roads will be a mix of engineering, procurement and construction, hybrid annuity and build-operate-transfer mode. In May, national highway construction was up over 12 per cent at 1,465 km as compared to 1,307 km during the corresponding period in 2022-23. The road transport ministry will spend 91 per cent of its budgetary allocation of Rs 2,58,606 crore by December this year. Actual expenditure as of May-end was Rs 59,078 crore.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement