NHAI surpasses construction and spending targets in FY 2024-25, achieving record 5,614 km of highways and highest-ever capital expenditure of ₹2.5 lakh crore to boost infrastructure and economic growth.
New Delhi
The National Highways Authority of India (NHA) has said during the financial year 2024-25, it constructed 5,614 km of National Highways against the target of 5,150 km for the year.
In addition, the Capital Expenditure by NHAI in Financial Year 2024-25 for development of National Highway Infrastructure reached an all-time high of over Rs. 2,50,000 Crore (provisional) against a target expenditure of Rs. 2,40,000 Crore, it said in an official statement.
This highest ever capital expenditure in a Financial Year by NHAI includes both Government budgetary support and NHAI’s own resources.
The overall capital expenditure increased by around 21 percent as compared to Rs. 2,07,000 Crore in previous FY 2023-24 and by around 45 percent as compared to Rs. 1,73,000 Crore in FY 2022-23.
During FY 24-25, NHAI leveraged three modes for monetization, that included Toll Operate Transfer (TOT), InvIT and Toll Securitization.
During the Financial Year, NHAI monetized assets for a total of Rs. 28,724 Crore. This includes NHAI’s highest ever single round InvIT receipt worth Rs. 17,738 crore.
NHAI is committed to build world class National Highway infrastructure across the country that will contribute not only to the growth of the road sector but will also play a critical role in nation building and advancing the growth of the Indian economy.
