MoRTH seeks approval for the Rs 22 Tn highway plan
ROADS & HIGHWAYS

MoRTH seeks approval for the Rs 22 Tn highway plan

The Road Transport and Highways Ministry has requested Cabinet permission for an investment of Rs 22 trillion in a highway construction plan that would cover around 30,600 km by 2031?2022, in a major push for infrastructure development. The plan, which was discussed last week with all major ministries and submitted to the finance ministry, calls for the construction of 18,000 km of high-speed corridors and motorways, the decongestion of 4,000 km of national highways around cities, and the creation of strategic and international roadways. About one-third of the funds will come from private sources. The ministry has asked for an increase in funding allocation for project execution of 10% every year. Later on, the financial estimate for developing 28,400 km in the second phase will be ascertained. According to the schedule, phase 2 stretch sanctioning and awarding will be finished by 2036?37.

The ministry outlined how it evaluated GSTN data, including the transfer of goods from one location to another, and included the transportation of freight by rail while planning the construction of NH and motorways. According to an examination of GSTN statistics, in 2021?2022, roads carried around 73% of freight, with railroads carrying about 23% of the total. Additionally, the statistics indicated that 82% of goods moved over 350 km and 62% of commodities carried over 600 km were transported by road. After it is finished, trucks on the national highway network will drive at an average speed of 85 kmph instead of the present 47 kmph. In the US, the average speed on roads is more than 100 kmph. High-speed routes have been determined to guarantee that these sections are reachable in a radius of 100?150 km from every location in India. There are now just 3,900 km of high-speed routes in use; by 2026?2027, that number is anticipated to increase to around 11,000 km.

The Road Transport and Highways Ministry has requested Cabinet permission for an investment of Rs 22 trillion in a highway construction plan that would cover around 30,600 km by 2031?2022, in a major push for infrastructure development. The plan, which was discussed last week with all major ministries and submitted to the finance ministry, calls for the construction of 18,000 km of high-speed corridors and motorways, the decongestion of 4,000 km of national highways around cities, and the creation of strategic and international roadways. About one-third of the funds will come from private sources. The ministry has asked for an increase in funding allocation for project execution of 10% every year. Later on, the financial estimate for developing 28,400 km in the second phase will be ascertained. According to the schedule, phase 2 stretch sanctioning and awarding will be finished by 2036?37. The ministry outlined how it evaluated GSTN data, including the transfer of goods from one location to another, and included the transportation of freight by rail while planning the construction of NH and motorways. According to an examination of GSTN statistics, in 2021?2022, roads carried around 73% of freight, with railroads carrying about 23% of the total. Additionally, the statistics indicated that 82% of goods moved over 350 km and 62% of commodities carried over 600 km were transported by road. After it is finished, trucks on the national highway network will drive at an average speed of 85 kmph instead of the present 47 kmph. In the US, the average speed on roads is more than 100 kmph. High-speed routes have been determined to guarantee that these sections are reachable in a radius of 100?150 km from every location in India. There are now just 3,900 km of high-speed routes in use; by 2026?2027, that number is anticipated to increase to around 11,000 km.

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?