NHAI Exceeds Target, Achieves Rs 2,500 Billion Capex in FY25

07 Apr 2025 CW Team

The National Highways Authority of India (NHAI) has surpassed its construction and expenditure targets for FY 2024-25, marking a significant achievement in infrastructure development. NHAI constructed 5,614 km of National Highways, exceeding its target of 5,150 km for the year.

Capital expenditure for highway development hit a record high of over Rs 2,500 billion (provisional), surpassing the targeted Rs 2,400 billion. This represents a 21% increase from Rs 2,070 billion in FY 2023-24 and a 45% rise from Rs 1,730 billion in FY 2022-23. The capex includes both government budgetary support and NHAI’s internal resources.

In terms of asset monetisation, NHAI raised Rs 287.24 billion through three key mechanisms: Toll Operate Transfer (TOT), Infrastructure Investment Trust (InvIT), and Toll Securitisation. Notably, the highest-ever InvIT proceeds of Rs 177.38 billion were recorded in a single round during the year.

This robust performance underlines NHAI’s commitment to building world-class highway infrastructure, contributing significantly to economic growth and national development.

(PIB)

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