NEW DELHI, April 2: State-owned NHAI has constructed 5,614 km of National Highways against the target of 5,150 km during the financial year 2024-25, an official statement said on Wednesday.
In addition, the statement said capital expenditure by NHAI in financial year 2024-25 for the development of National Highway Infrastructure reached an all-time high of over Rs 2,50,000 crore (provisional), as against a target expenditure of Rs 2,40,000 crore.
This highest-ever capital expenditure in a financial year by NHAI includes both government budgetary support and NHAI’s own resources, it added.
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According to the statement, the overall capital expenditure increased by around 21 per cent, as compared to Rs 2,07,000 crore in financial year 2023-24, and by around 45 per cent as compared to Rs 1,73,000 crore in FY 2022-23.
During FY24-25, 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,” the statement said, adding this includes NHAI’s highest-ever single-round InvIT receipt worth Rs 17,738 crore. (PTI)
