More highway PPPs on anvil; Capex utilisation to be fast in roads sector: Deloitte
Highway sector will utilise the capital expenditure really fast, says Debashish Biswas, partner (Infra), Deloitte India.
highways ministry
February 2023
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April-Nov Capex utilisation up 63%; guess who leads charge
The Centre has been able to achieve the mega spending on the back of both highways and railways ministry, utilising over 80% of their allocation for the fiscal by Nov itself.
The Missing Milestone
Highway construction dipped in FY22 despite higher utilisation of budgetary allocation. The ambitious 25,000 km target for FY23 gets that much harder to achieve.
Need innovative funding model for highways as bank finance delays projects: Nitin Gadkari
Gadkari suggested highway companies to jointly form a NBFC to garner resources for highway construction in the country with support from foreign funds.
Difficult to build roads via govt funds only, industry should examine PPP: Nitin Gadkari
Quoting the advantages of the PPP model, Gadkari mentioned that 55 flyovers, and Mumbai-Pune expressway were implemented on PPP basis in 1995.
Highway anomaly: Road-making dips while ministry capex at 3-yr high
While transport ministry and NHAI are utilising budgetary funds really fast – in fact faster than other ministries – it is not appearing on the ground.
