Rs 1.2 lakh cr spent on national highways development in 3 yrs
A total of Rs 71,517 crore was spent by the private sector on national highways construction.
New Delhi: A total of Rs 1.2 lakh crore was spent on development of national highways during the last three fiscals, Parliament was informed today.
"About Rs 1,20,036 crore have been spent on the development of national highways during the last three financial years 2013-14, 2014-15 and 2015-16," Minister of State for Road, Transport and Highways Pon Radhakrishnan told Lok Sabha in a written reply.
A total of Rs 71,517 crore was spent by the private sector on national highways construction under PPP mode during the last three years, the minister said in a separate reply to the lower house.
The minister said that private companies that got work from NHAI during the last three years included Larsen & Toubro, IL&FS Engineering, HCC, IRB Infrastructure, IRCON International, Ashoka Buildcon and Dilip Buildcon.