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
Real Estate

Mahagun Group Secures Rs 2.25 Billion Funding

Mahagun Group has secured Rs 2.25 billion in funding from CSL Finance Limited, reinforcing its financial position and giving added momentum to project execution across its portfolio.The development comes after the Group recently completed the closure of Rs 6.5 billion debt for its Mahagun Medalleo project. It repaid Rs 3.1 billion in principal and around Rs 3.4 billion in interest, reflecting a disciplined financial approach and a consistent record of meeting obligations.The Group said its financial position is supported by strong internal accruals, healthy collections, and a robust base of so..

Next Story
Real Estate

Mahagun Group Secures Rs 2.25 Billion Funding

Mahagun Group has secured Rs 2.25 billion in funding from CSL Finance Limited, reinforcing its financial position and giving added momentum to project execution across its portfolio.The development comes after the Group recently completed the closure of Rs 6.5 billion debt for its Mahagun Medalleo project. It repaid Rs 3.1 billion in principal and around Rs 3.4 billion in interest, reflecting a disciplined financial approach and a consistent record of meeting obligations.The Group said its financial position is supported by strong internal accruals, healthy collections, and a robust base of so..

Next Story
Real Estate

Danube Launches Greenz Master Community in Dubai

Danube Properties has recently launched Greenz by Danube, its first large-scale integrated community featuring premium villas and townhouses, marking its expansion into master-planned developments. Located in Dubai International Academic City near Dubai Silicon Oasis, the project sits within a high-growth corridor housing over 100,000 residents. The area is set to benefit from the upcoming District IO technology hub aligned with the vision of Sheikh Mohammed bin Rashid Al Maktoum. The development will offer three- and four-bedroom townhouses, along with five-bedroom semi-detached ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement