Lok Sabha Question No. 321 (STARRED), answered on 2019-01-03
Subject: Fund Raising by NHAI
Ministry: ROAD TRANSPORT AND HIGHWAYS
Asked by: VASANTHI M., KURUPPASSERY VARKEY THOMAS

## GOVERNMENT OF INDIA MINISTRY OF ROAD TRANSPORT AND HIGHWAYS

## LOK SABHA STARRED QUESTION NO.321

ANSWERED ON 3 RD  JANUARY, 2019

## FUND RAISING BY NHAI

## *321.   PROF. K.V. THOMAS:

Will the Minister of ROAD TRANSPORT AND HIGHWAYS

## सड़क परिवहन औि िाजमार्ग मंत्री

be pleased to state:

- (a) whether the National Highways Authority of India (NHAI) is considering to raise Rs. 10,000 crore for its projects and if so, the details thereof;
- (b) whether NHAI is facing shortage of funds for. its ongoing/upcoming projects;
- (c) if so, the details thereof; and
- (d) the  various  proposed/upcoming  projects  of  NHAI  for  the  next  five  years  and  the length  of  new  national  highways  in  kms.  that  have  been  built  during  the  last  four years?

## ANSWER

THE MINISTER OF ROAD TRANSPORT AND HIGHWAYS

(SHRI NITIN JAIRAM GADKARI)

- (a) to  (d)  A statement is laid on the Table of the House.

## STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (d) OF LOK SABHA STARRED QUESTION NO. 321 ANSWERED ON 3 RD   JANUARY, 2019 ASKED BY PROF. K.V. THOMAS REGARDING 'FUND RAISING BY NHAI'.

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(a)    Yes, Madam.  As per the IEBR (Internal & Extra Budgetary Resources) approved for 2018-19 by the Government, a sum of Rs. 62,000 Crore, is to be raised by NHAI through various  instruments/  sources  including  Bharatmala  bonds.  The  amount  is  being  raised accordingly and till date a sum of Rs.41,170 Crore has been raised by NHAI. Further, a Draft Shelf Prospectus (DSP)/ offer document has been filed with the Stock Exchanges (BSE & NSE) and the SEBI to raise Bharatmala taxable Bonds through Public Issue with shelf limit of Rs. 10,000 Crore.

- (b)        No, Madam.
- (c)        NIL, in view of the reply at (b) above.

(d)      The  Government  has  conceptualised  an  umbrella  programme  namely  Bharatmala Pariyojana for development of highways across the country which includes development of about 65,000 km of border roads, international connectivity roads, coastal roads, port connectivity  roads,  ring  roads,  removal  of  choke  points,  logistic  parks,  economic corridors, inter corridors, feeder routes and expressways.

Under the Phase-I of Bharatmala Pariyojana Government has approved implementation of 24,800 km highways and 10,000 km of balance NHDP projects over a period of five years i.e. from 2017-18 to 2021-22. Details of  roads to be constructed under Bharatmala Pariyojana Phase-I are as below:

|   S. No. | Category                                                        | Total Length identified   | Bharatmala Pariyojana phase-I   |
|----------|-----------------------------------------------------------------|---------------------------|---------------------------------|
|        1 | Economic Corridors                                              | 26,163 km                 | 9,000 km                        |
|        2 | Inter Corridors (7964 km ) & Feeder Routes (7439 km)            | 15,403 km                 | 6,000 km                        |
|        3 | National Corridors efficiency improvements                      | 13,049 km                 | 5,000 km                        |
|        4 | Border (3319 km) and International connectivity roads (1911 km) | 5,230 km                  | 2,000 km                        |
|        5 | Coastal (2011 km) & port connectivity roads (1294 km)           | 3,305 km                  | 2,000 km                        |
|        6 | Expressways                                                     | 1,837 km                  | 800 km                          |
|        7 | Total                                                           | 64,987 km                 | 24,800 km                       |

| 8   | Balance Road works under NHDP   | 10,000 km   |
|-----|---------------------------------|-------------|

Rs  5,35,000.0  crore  have  been  earmarked  for  Phase-I  of  Bharatmala  Pariyojana  in  the entire country over a period of five years i.e. from 2017-18 to 2021-22.

Length of NHs constructed by NHAI from FY 2014-15 to 2017-18 is as under :

| Year    |   Length of NH constructed (in km) |
|---------|------------------------------------|
| 2014-15 |                               1501 |
| 2015-16 |                               1988 |
| 2016-17 |                               2628 |
| 2017-18 |                               3071 |

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