NHIDCL executes projects worth Rs 20,851 crore during FY'24

New Delhi: The National Highways and Infrastructure Development Corporation Limited (NHIDCL), a Schedule 'A' Central Public Sector Enterprise (CPSE) under the Ministry of Road Transport and Highways, has reported another successful year in the development of key infrastructure projects. The corporation has made significant strides in improving connectivity across 13 States and Union Territories, including the North Eastern States, Jammu & Kashmir, Ladakh, Andaman & Nicobar Islands, and Uttarakhand, during the financial year 2023-24.

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According to an official statement, NHIDCL has executed a total of 1,160 kilometers of highways and other major infrastructure projects in these regions, with an investment of Rs 20,851 crore.

In addition to its infrastructural achievements, NHIDCL also announced a dividend payout of Rs 5.30 per share, amounting to Rs 54.59 crore for FY 2023-24.

The corporation’s efforts aim to enhance connectivity and improve the quality of life for people residing in these remote and challenging areas.

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