According to the data released by the Ministry of Road Transport and Highways on Wednesday, the National Highways Authority of India (NHAI) built 5,614 km of national highways in FY 2025, making great progress in the development of the country’s highway infrastructure, which was more than the target of 5,150 km. This achievement reflects the authority’s commitment to improve road connectivity across India. According to the ministry, NHAI also recorded its highest capital expenditure in a financial year so far.
The total expenditure for highway development in FY 2024-25 exceeded Rs 2,50,000 crore (provisional), which is more than a target of Rs 2,40,000 crore. This includes both government budgetary assistance and its resources of NHAI. FY 2023-24 saw an increase of about 21 percent in expenditure as compared to Rs 2,07,000 crore spent. This increase was even more important than the financial year 2022-23, which was 45 percent more than Rs 1,73,000 crore.
To raise funds, NHAI used three different methods toll operating transfer (TOT), Infrastructure Investment Trust (INVIT) and toll securities. Through these monetization efforts, NHAI raised Rs 28,724 crore in FY 2024-25. A major milestone was the highest single-round INVIT attainment of Rs 17,738 crore till date.
NHAI continues to focus on the construction of world -class highways, which play an important role in India’s economic growth. The Ministry of Road Transport and Highways has reiterated that this infrastructure development will not only strengthen the road network but will also promote the overall progress of the nation. Meanwhile, NHAI informed last month that its branch National Highway Infra Trust (NHIT) has successfully completed its fourth round of raising funds by securing an enterprise value of about Rs 18,380 crore. According to an official statement released on 26 March, it is the largest montage deal in the history of the road sector of India.
The NHIT was established in 2020 as the Infrastructure Investment Trust (INVIT) to help the government in the montization of highway assets. With this latest transaction, the total price raised in all four rounds has crossed Rs 46,000 crore.
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