Govt constructing 10,000 km greenfield expressway projects at Rs 4.5 lakh cr investment, says Nitin Gadkar

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The government is constructing several greenfield expressway projects totalling 10,000 km across the country at a cost of Rs 4.5 lakh crore, Union Minister Nitin Gadkari said Monday..

The National Highways Authority of India (NHAI) has generated more than Rs 70,000 crore through various models of financing and the amount will be utilsed to build highway projects, he noted...

We are constructing 10,000 km of greenfield expressways at a cost of Rs 4.5 lakh crore," he said addressing an event on 'Management Development Program on Infrastructure Financing' organised by IIM Kozhikode...

According to the minister, India's total National Highway (NH) network has increased from 91,000 km in 2014 to nearly 1.45 lakh km at present.. Gadkari further said the government has given a massive push to the economy through the national infrastructure pipeline and PM Gati Shakti National master plan...

We are actually pursuing multiple models of monetization of national highways assets such ToT InVIT and project-based financing," the minister said.. NHAI has generated more than Rs 70,000 crore through innovative models of financing..

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