Govt targets 18,000 km highway construction in FY23
ROADS & HIGHWAYS

Govt targets 18,000 km highway construction in FY23

The road transport and highways ministry has aimed to construct a record 18,000 km of highways in 2022-23 at a steady pace of 50 km per day. The FY23 target is reportedly 33 per cent higher than the last fiscal, which had a 40-km per day construction goal initially but had been later revised to 32 km per day at 12,000 km for the full fiscal. 

The government plans to award construction contracts of 18,000 km to this extent in FY23. 

In the span of time between the two waves of COVID and monsoon rains, the government has reportedly constructed 10,457 km of national highways in 2021-22 through its implementing agencies, which was a 24 per cent decrease from the previous fiscal.


The road transport and highways ministry has aimed to construct a record 18,000 km of highways in 2022-23 at a steady pace of 50 km per day. The FY23 target is reportedly 33 per cent higher than the last fiscal, which had a 40-km per day construction goal initially but had been later revised to 32 km per day at 12,000 km for the full fiscal. The government plans to award construction contracts of 18,000 km to this extent in FY23. In the span of time between the two waves of COVID and monsoon rains, the government has reportedly constructed 10,457 km of national highways in 2021-22 through its implementing agencies, which was a 24 per cent decrease from the previous fiscal.

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App