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MoRTH built 3,107 km of highways during the April-October 2018

Infra News - Published on Tue, 20 Nov 2018

Image Source: SteelGuru
Financial Express reported that Notwithstanding the monsoon blues that hit work in recent months, highway construction logged a robust 18% YoY growth in the first seven months of the ongoing fiscal, taking the construction rate for the April-October period to 23 km/day, as against 19.45 km/day clocked in the corresponding period last fiscal. The overall figure for the last fiscal stood at a record 26.9 km/day. All government agencies responsible for highway construction bettered their tally in the first seven months of FY19. The Ministry of Road Transport and Highways (MoRTH) built 3,107 km of highways during the April-October period, as against 2,623 km in the corresponding period last fiscal. The National Highways Authority of India (NHAI) improved its performance to 1,579 km from 1,375 km a year earlier. The National Highways and Infrastructure Development Corporation (NHIDCL) increased its tally to 144 km from 87 km in FY18.

MoRTH implements projects largely via the engineering, procurement and construction (EPC) route wherein the government bears all project costs. NHAI projects are now increasingly being built through the hybrid annuity model (HAM), an improved version of the public-private partnership (PPP) model in which the government bears 40% of project costs.

Significantly, Roads and Highways Minister Mr Nitin Gadkari has set an ambitious target of building 16,418 km of highways in the ongoing fiscal, at a staggering 45 km/day. MoRTH, which builds national highways (NHs) through state public works departments (PWDs), has been mandated to construct 9,698 km and the NHAI, 6,000 km of roads. NHIDCL has been entrusted with building 720 km of NHs in the fiscal. A record 9,829 km of NHs were built in FY17-18. The figure was 8,231 km in 2016-17, 6,061 km in 2015-16 and 4,410 km in 2014-15.

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Posted By : Joykumar Irom on Tue, 20 Nov 2018
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