The Centre has drawn up a Rs 2.02-lakh crore investment plan to build highways in the next financial year and Rs 30,000 crore of this sum is expected to come from the private sector, a senior official said Friday. The latter amount will be raised through hybrid annuity model (HAM) and build-operate-transfer (BOT) projects.
The Union Budget had allocated Rs 1.18 lakh crore for highways from the central coffers—the highest ever—and around Rs 65,000 crore is to be raised from extra budgetary resources, including borrowings.
