Ministry of Finance has approved 6 road projects, proposed by ministry of road and transportation in fives sates at an estimated cost of Rs 9774 crore. These road projects are spread across Utter Pradesh, Madhya Pradesh, Orissa, Rajasthan and Gujarat.
In its fourth meeting, Public-Private Partnership Approval Committee (PPPAC) under the ministry of Finance gave approvals to these projects. Among the approved projects, six laning of Kishangarh-Udaipur-Ahmadabad is the biggest projects at a cost of Rs 5,387 crore, other two projects each involving four laning of National Highways in state of Madhya Pradesh and Orissa will come up at a cost of Rs 3,500 crore, while the four laning project of Lucknow-Sultanpur in Utter Pradesh will cost around Rs 1,013crore.
All this approved projects are being setup in various phases of National Highway Development Programme of Road and Transportation Ministry, to meet the growing demand for road and highways government is aiming to create 20 km of road every day.
The PPPAC chaired by secretary of Department of Economic Affairs, created in 2006 has so far approved 226 public-private-partnership (PPP) projects, with an expected projects cost of Rs 2, 24,464.51 crore. These approved projects include National Highways (178 proposals), Ports (22 proposals),Airports (2 proposals), Housing (17 proposals) Tourism Infrastructure (1proposal) Railways (1 proposal) and Sports Stadia (5 proposals).
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: