According to the report, the expenditure incurred on these projects till May 2019 was Rs 8,91,512.91 crore, which is 38.72 per cent of the anticipated cost of the projects.
The NHAI has identified various stretches on a pan-India basis that will be constructed through the PPP mode on the build-operate-transfer (toll) basis, the Ministry of Road Transport and Highways said in a statement.
The road transport and highways ministry has drawn up a framework to grade state roads on parameters such as traffic density and proximity to existing national highways.
The projects are spread across Bihar, Jharkhand, Tamil Nadu and Uttar Pradesh, with a base value of around Rs 4,995 crore.
NHAI has already recommended changes in the BOT framework which are now being reviewed by the highways ministry.
The move comes almost a month after the Centre abrogated provisions of Article 370.
The bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers in consultation with its advisors.
Sitharaman was briefing reporters on the topic '100 days of Bold initiatives and decisive actions taken by the Government.'
Union Minister of Road Transport and Highways Nitin Gadkari on September 9 informed that Government is building highway between Delhi-Mumbai on fast-track basis, costing 1 lakh crore which will be completed by before next election. This proposed stretch of highway is expected to reduce the travel time between Mumbai from Delhi drastically to 12 hours. He was speaking at a press conference on 100 days of BJP government.
L&T will build 23,432 dwelling units as part of the Pradhan Mantri Awas Yojana (PMAY)
The InvIT plan involves picking highways with high-traffic volumes and bundling 3-4 of them under a trust or an SPV.
The CPWD is the central government's largest construction agency and it carries out several development projects of the Centre and a number of state governments.
PM Modi, who also laid the foundation stone for the Metro Bhavan, said there is a need to create systems to address the concerns of mobility, connectivity and sustainability in our cities.
Modi, who arrived here from Mumbai, visited an exhibition of handicraft wares made by women self-help groups, accompanied by chief minister Devendra Fadnavis and his ministerial colleague Pankaja Munde.
This would include greenfield and brownfield projects costing above Rs 100 crore each.
The National Infrastructure Pipeline will include greenfield & brownfield projects costing Rs 100 cr each.
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