Govt to Invest Rs 4.5 tn in 10,000 km Greenfield Expressway Projects

04 Jul 2023 CW Team

During an event on 'Management Development Program on Infrastructure Financing' organised by IIM Kozhikode, the minister stated, "The government has conceptualized the Bharatmala Pariyojna, which aims to develop 65,000 km of highways across the country. The initial phase of this project consists of a road network spanning 34,800 km. Additionally, we are currently constructing 10,000 km of greenfield expressways, with a projected cost of Rs 4.5 trillion."

The minister also mentioned that the National Highways Authority of India (NHAI) has generated over Rs 700 billion through various financing models. These funds will be utilized for the construction of highway projects.

According to the minister, India's total National Highway (NH) network has expanded from 91,000 km in 2014 to nearly 1.45 lakh km at present. Gadkari further added that the government has significantly stimulated the economy through the national infrastructure pipeline and PM Gati Shakti National master plan.

These programs aim to achieve comprehensive and integrated development throughout the country, while also reducing costs and time. By connecting remote areas, these new infrastructure projects will play a crucial role in achieving this goal. The minister stated, "Asset monetisation is a key aspect of infrastructure investment. NHAI holds a 27% share in the national monetization pipeline. We are actively pursuing various models of monetization for national highways assets, such as Toll-Operate-Transfer (ToT), Infrastructure Investment Trusts (InVIT), and project-based financing."

Also read:
Increased cost for Bengaluru-Mysuru Expressway travel from July 1
MoRTH invites bids for construction of bypass road in state of Odisha

The Union Minister announced that the government plans to construct several greenfield expressway projects totalling 10,000 km throughout the country. He mentioned that the road, transport, and highways minister stated that the cost of these projects is estimated to be Rs 4.5 trillion. He further explained that these road networks are being established as part of the Bharatmala Pariyojana. During an event on 'Management Development Program on Infrastructure Financing' organised by IIM Kozhikode, the minister stated, The government has conceptualized the Bharatmala Pariyojna, which aims to develop 65,000 km of highways across the country. The initial phase of this project consists of a road network spanning 34,800 km. Additionally, we are currently constructing 10,000 km of greenfield expressways, with a projected cost of Rs 4.5 trillion. The minister also mentioned that the National Highways Authority of India (NHAI) has generated over Rs 700 billion through various financing models. These funds will be utilized for the construction of highway projects. According to the minister, India's total National Highway (NH) network has expanded from 91,000 km in 2014 to nearly 1.45 lakh km at present. Gadkari further added that the government has significantly stimulated the economy through the national infrastructure pipeline and PM Gati Shakti National master plan. These programs aim to achieve comprehensive and integrated development throughout the country, while also reducing costs and time. By connecting remote areas, these new infrastructure projects will play a crucial role in achieving this goal. The minister stated, Asset monetisation is a key aspect of infrastructure investment. NHAI holds a 27% share in the national monetization pipeline. We are actively pursuing various models of monetization for national highways assets, such as Toll-Operate-Transfer (ToT), Infrastructure Investment Trusts (InVIT), and project-based financing. Also read: Increased cost for Bengaluru-Mysuru Expressway travel from July 1MoRTH invites bids for construction of bypass road in state of Odisha

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..