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Long winding targets
The Roads Ministry set a target of awarding 25,000 km of NH projects in FY17 as against 10,000 km in FY16. The target for construction was set at 15,000 km against 6,000 km last year. The Minister set a target of building roads at the rate of 41 km/day by May 2017.
More responsibility for NHAI
NHAI was to award 15,000 km. The Ministry and National Highways and Infrastructure Development Corporation was to award the balance.
Focus on North-East
As of Oct 18, 2016, NHIDCL was handling 134 NHs and other infrastructure development projects covering about 8,007 km to be executed at a cost of around ₹1 lakh crore.
₹11,724.53-crore boost for Left Wing Extremism (LWE) Affected Areas
The govt approved a road connectivity project for 44 worst-affected districts and adjoining districts, critical from a security and communication point of view.
Road connectivity projects with neighbouring countries
Asian Development Bank approved loan assistance for 558 km of road projects under the Bangladesh, Bhutan, India and Nepal Motor Vehicle Agreement.
Building bridges across borders
India is funding construction of 69 bridges on India-Myanmar-Thailand Trilateral Highway
Recycling of operational highways
The Toll-Operate-Transfer model allows the collection of toll fees for public-funded NH projects for a pre-determined period to concessionaires against upfront payment of a lump-sum.
₹29,450 crore of Hybrid Annuity Model projects
As per the model, 40% of project cost is to be given by the government as ‘construction support’ to the developer during construction, and the balance as annuity payments over the operations period, along with the interest on the outstanding amount.
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