+
NHAI to propose rolling plan for highway development
ROADS & HIGHWAYS

NHAI to propose rolling plan for highway development

The National Highways Authority of India (NHAI) is set to propose a rolling plan for highway construction in India, which can be reviewed every two to three years, adding to value maximisation of building new roads, NHAI chairman Sukhbir Singh Sandhu told a prominent media source.

Sandhu said that the idea behind the proposal is to have a plan that moves on realistic development and in a chain with development in other infrastructure sectors, whether airports or industrial parks.

The rationalisation of highway construction was a part of Finance Minister Nirmala Sitharaman's Budget 2021 speech.

The government will carry out a restructuring of the National Highway programme to ensure that the National Highway Grid of desirable length and capacity is created using a financeable model, Sitharaman had said.

Sandhu said that such a plan would help NHAI derive the maximum value in terms of toll collection while building a new road.

In January, NHAI had unveiled a revised model concession agreement for build-operate-transfer (BOT) projects in order to draw larger investor participation.

In BOT projects, private sector developers build a road using their own funds, operate it and then transfer it to the government after a specified period.

Regarding asset monetisation, Sandhu said NHAI will go for toll-operate transfer (TOT), infrastructure investment trust (InvIT), and toll securitisation through SPV for monetising its assets.

As we have reported earlier, NHAI filed an InvIT application with the Securities and Exchange Board of India (SEBI) on 31st March. Sandu said more assets worth Rs 4,000-5,000 crore will be added to the InvIT in FY22.

Image Source


Also read: Highway construction: BOT is back

Also read: Top 10 highways in first ever NHAI rankings

The National Highways Authority of India (NHAI) is set to propose a rolling plan for highway construction in India, which can be reviewed every two to three years, adding to value maximisation of building new roads, NHAI chairman Sukhbir Singh Sandhu told a prominent media source. Sandhu said that the idea behind the proposal is to have a plan that moves on realistic development and in a chain with development in other infrastructure sectors, whether airports or industrial parks. The rationalisation of highway construction was a part of Finance Minister Nirmala Sitharaman's Budget 2021 speech. The government will carry out a restructuring of the National Highway programme to ensure that the National Highway Grid of desirable length and capacity is created using a financeable model, Sitharaman had said. Sandhu said that such a plan would help NHAI derive the maximum value in terms of toll collection while building a new road. In January, NHAI had unveiled a revised model concession agreement for build-operate-transfer (BOT) projects in order to draw larger investor participation. In BOT projects, private sector developers build a road using their own funds, operate it and then transfer it to the government after a specified period. Regarding asset monetisation, Sandhu said NHAI will go for toll-operate transfer (TOT), infrastructure investment trust (InvIT), and toll securitisation through SPV for monetising its assets. As we have reported earlier, NHAI filed an InvIT application with the Securities and Exchange Board of India (SEBI) on 31st March. Sandu said more assets worth Rs 4,000-5,000 crore will be added to the InvIT in FY22. Image Source Also read: Highway construction: BOT is back Also read: Top 10 highways in first ever NHAI rankings

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code