India to lay 15,000km of roads in 2016/17

The Ministry of Road Transport and Highways has set a target to lay 15,000km of roads during 2016/17, according to a government source. The target means that around 40km of roads will be paved each day - two times the current figure, according to the business magazine Steel Guru. The National Highways and Industrial Development Corporation’s target is 7,000km and that of the National Highways Authority of India is 8,000km. The NHIDCL will award national highway contracts covering 10,000km and the N
May 9, 2016 Read time: 1 min
The Ministry of Road Transport and Highways has set a target to lay 15,000km of roads during 2016/17, according to a government source.

The target means that around 40km of roads will be paved each day - two times the current figure, according to the business magazine Steel Guru.

The National Highways and Industrial Development Corporation’s target is 7,000km and that of the National Highways Authority of India is 8,000km.

The NHIDCL will award national highway contracts covering 10,000km and the NHAI will award contracts for 15,000km in the next 12 months.

In 2015/16, the ministry awarded highways contracts worth around $15 billion covering 10,000km.
Finance & Funding

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