This project is anticipated to bring in a huge infrastructural upsurge and drive the demand for wires and cables.

May 12, 2021

The National Highways Authority of India (NHAI) has set an ambitious target to build new highways with a combined length of 4,600 km in FY22.

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Though the target for the current year appears to be a tall order, the NHAI believes that it could meet it with reliance on EPC projects and HAM projects. The authority has a robust stream of funds including budgetary outlays, borrowings, and the funds being realized through the toll-operate-transfer (TOT) route.

Despite the pandemic still ravaging the nation and its economy, the National Highways Authority of India (NHAI) has set an ambitious target to build new highways with a combined length of 4,600 km in the current fiscal year. Last fiscal, NHAI constructed a record 4,192 km of highways, up from 3,979 km developed in 2019-20 and 3,380 km in 2018-19.

Also Read: Uttarakhand Government to Construct Ropeway System in Mussoorie.