NHAI Creates National Highways Investment Promotion Cell (NHIPC) (Download PDF)

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The National Highways Authority of India created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with global institution investors, construction companies, developers and fund managers for building investor participation in road infrastructure projects.

Image of National Highways Investment Promotion Cell

Image of National Highways Investment Promotion Cell

Image of National Highways Investment Promotion Cell

Need for NHIPC

  • Government set an ambitious target of construction of 35, 000 km of National Highways in the next five years involving an investment of Rs. 5, 35, 000/- crores under ‘Bharatmala Pariyojana’.

  • Scale of investment requires involvement from both foreign and domestic partners from both public and private sector.

  • The primary focus of NHIPC is to promote foreign and domestic investment in road infrastructure.

Cost of Bharatmala

  • Bharatmala project will construct 20, 000 km of highways connecting western and eastern parts at an estimated investment of Rs. 7 lakh crore.

  • First phase to be undertaken over three-five years would cost Rs. 5.5 lakh crore.

  • Funding includes- Rs. 2.09 lakh crore from the market, Rs. 1.06 lakh crore through private investment and Rs. 2.19 lakh crore from the central road fund or toll collection.

  • The average cost of constructing 1 km of road is Rs. 13 crore.

Advantages of Bharatmala

  • Increase vehicle-travelling speed by around 20 - 25%.

  • Reduce India’s supply chain cost to 6 % from the present levels of 18%- making its exports uncompetitive with respect to China with lower logistics costs of 8 - 10%.

- Published/Last Modified on: January 1, 2018

Govt. Schemes/Projects

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