India’s US$20.5 billion road building plans

India has plans for US$20.5 billion of road building works.
Finance & Funding / August 22, 2024 43 seconds Read
By MJ Woof
A massive road building is planned for India, including a new ring road for Thiruvananthapuram in Kerala State – image courtesy of © Lsprasath| Dreamstime.com

 The National Highways Authority of India (NHAI) has set out its plans for a US$20.5 billion road building programme during 2025. Funding will come from various sources.  

However, some road projects may be threatened in the Punjab. As many as eight highway projects are facing cancellation due to unrest. The highways extend for a total of 293km and will cost a combined $1.74 billion. A further three highway projects have already been cancelled by the NHAI due to complications involving the purchase of the land required.  

Meanwhile, the Kerala State Government has said it will finance the $199 million Outer Ring Road (ORR) for Thiruvananthapuram. The route will run from the Vizhinjam port at the southern tip to the Kallamballam Junction on NH-66, leading north to Mangalapuram Junction and Kollam. The project is being agreed between the Kerala Infrastructure Investment Fund Board (KIIFB), National Highways Authority of India (NHAI), Capital Region Development Project-II (CRDP), and Public Works Department. Some of the funding will be provided via the Major Infrastructure Development Projects (MIDP) scheme.  

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