NHAI surpasses targets, builds 5,614 km of highways in FY 2024-25
ROADS & HIGHWAYS

NHAI surpasses targets, builds 5,614 km of highways in FY 2024-25

The National Highways Authority of India (NHAI) has exceeded its FY 2024-25 construction target, building 5,614 km of national highways against the planned 5,150 km.

NHAI’s capital expenditure for the year also reached an all-time high of over Rs. 2,500 billion (bn) (provisional), surpassing the target of Rs. 2,400 bn. This marks a 21 per cent rise from Rs. 2,070 bn in FY 2023-24 and 45 per cent growth over Rs. 1,730 bn in FY 2022-23.

To fund its infrastructure push, NHAI monetised Rs. 287.24 bn through Toll Operate Transfer (TOT), InvIT, and Toll Securitization. This includes its largest-ever single-round InvIT receipt of Rs. 177.38 bn.

NHAI remains committed to developing world-class highways, bolstering India’s road sector growth, and advancing the nation’s economic progress.

The National Highways Authority of India (NHAI) has exceeded its FY 2024-25 construction target, building 5,614 km of national highways against the planned 5,150 km.NHAI’s capital expenditure for the year also reached an all-time high of over Rs. 2,500 billion (bn) (provisional), surpassing the target of Rs. 2,400 bn. This marks a 21 per cent rise from Rs. 2,070 bn in FY 2023-24 and 45 per cent growth over Rs. 1,730 bn in FY 2022-23.To fund its infrastructure push, NHAI monetised Rs. 287.24 bn through Toll Operate Transfer (TOT), InvIT, and Toll Securitization. This includes its largest-ever single-round InvIT receipt of Rs. 177.38 bn.NHAI remains committed to developing world-class highways, bolstering India’s road sector growth, and advancing the nation’s economic progress.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement