Expansion works amounting to Rs 2981 crore are currently in progress in Kerala.
16 National Highway projects have been awarded on Design, Build, Finance, Operate and Transfer (DBFOT) model in Karnataka.
National Highways Authority of India (NHAI) has already completed the construction of 840 km of highways in Karnataka. The cost of this project was Rs 6,600 crore.
NHAI) is also four-laning NH-87-Rampur – Kathgodam-section of the highway.
The authority is also planning to auction 11 operational stretches of public funded national highways, allowing the winning bidders to maintain toll roads for 30 years in return for a fee.
The government is expecting to fetch Rs 100 crore from this auction and also to monetise the highways.
“The bundle comprises 11 packages (road stretches)—seven in Andhra Pradesh and four in Gujarat. The Andhra packages are between Vijayawada to Ichchapuram, while the ones in Gujarat are from Porbandar to Jaitapur and Samakhiali, a small town in Kutch district,” said a senior official from the Ministry of Road, Transport and Highways.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, last year authorized NHAI to monetize 75 public-funded national highways.