NHAI seeks ₹25,000-cr more funds for road building
The NHAI has sought ₹25,000 crore more from the Centre for the next financial year (2020-21). The road building agency has the approval to raise ₹75,000 crore in borrowings during the current year, while the government support is ₹36,691 crore. The NHAI has lined up a portfolio of projects worth ₹18,000 crore to be bid shortly, which includes five hybrid-annuity packages on the Vadodara-Mumbai expressway, four EPC packages on the Delhi-Vadodara expressway, and projects in Uttar Pradesh and Bihar. With budgetary support unable to match due to the lack of private investment, the NHAI has been under the scanner for being highly leveraged with its debt expected to touch ₹2.5 trillion by the end of the current financial year. In the last fiscal, a mix of debt raised from banks, toll revenue, and a road monetization scheme, was to yield ₹62,000 crore to the NHAI. This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the organisation for execution. The money will come from the Central Road Infrastructure Fund (CIRF), the Permanent Bridges Fee Fund, and Monetization of National Highways Fund. The Bharatmala programme envisages construction of 20,000 km of roads at an estimated investment of Rs 7 trillion.
📅Published on:
08 November 2019
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
