NHAI Strong Growth in National Highway Construction for FY 2024-25

During the financial year 2024-25, the National Highway Authority of India (NHAI) constructed 5,614 km of national highways against the target of 5,150 km. The capital expenditure by NHAI in the financial year 2024-25 for the 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. This highest-ever capital expenditure in a financial year by NHAI includes Government budgetary support and NHAI’s resources.

Overall capital expenditure increased by around 21% compared to Rs 2,07,000 Crore in FY 2023-24 and by around 45% compared to Rs 1,73,000 Crore in FY 2022-23.

During FY 24-25, NHAI leveraged three modes for monetisation: Toll operation transfer (TOT), InvIT and Toll securitisation. During the financial year, NHAI monetised assets for Rs 28,724 Crore. This includes NHAI’s highest-ever single round InvIT receipt worth Rs 17,738 crore.