The target
is around 4 per cent lower than the revised construction target of 10,421 km in
2024-25. As a part of this plan,
the centre aims to develop around 750 km of highways in tribal regions and
1,100 km in the northeastern states. Further, a high-speed corridor (HSC)
spanning 5,800 km is expected to be made operational during 2025-26.
The monetisation
target set for 2025-26 is around Rs 300 billion, a 23 per cent decrease from
the target of Rs 390 billion set for 2024-25. Of this, around Rs 66.61 billion has already been mobilised via the
toll-operate-transfer (TOT) route. Two more TOT bundles are expected to bring
in an additional Rs 180 billion. From project-based financing, around Rs 27.75
billion has already been raised against the target of Rs 90 billion in 2024-25.
Furthermore, the National Highways
Infrastructure Trust (NHIT) is expected to raise another Rs 200 billion via the
monetisation of 12 road assets totalling over 844 km in Karnataka, Andhra
Pradesh, Karnataka, Uttar Pradesh, Uttarakhand and Chhattisgarh.
For 2025-26, around Rs 150 billon each is expected
to be mobilised via the infrastructure investment trust (InvIT) and TOT model.
No target has been set for project-based financing.
Moreover, the National Highways Authority of India (NHAI) has identified 24
highway assets with a combined length of 1,472 km for monetisation during
2025-26.