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  Business   Economy  30 Mar 2017  Rs 1.2 lakh cr spent on national highways development in 3 yrs

Rs 1.2 lakh cr spent on national highways development in 3 yrs

PTI
Published : Mar 30, 2017, 6:05 pm IST
Updated : Mar 30, 2017, 6:11 pm IST

A total of Rs 71,517 crore was spent by the private sector on national highways construction.

Minister of State for Road, Transport and Highways Pon Radhakrishnan. (Photo: Twitter)
 Minister of State for Road, Transport and Highways Pon Radhakrishnan. (Photo: Twitter)

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.

Tags: national highways, development, pon radhakrishnan, investment, nhai
Location: India, Delhi, New Delhi