NHAI is becoming another Air India… bad decisions of BJP/Gadkari

[JackSeal]

Any conversation on Gadkari"s performance is incomplete without talking of NHAI, the primary vehichle that finances his claim to fame. Building road assets and viability of the road projects are independent of each other. Look at Jaypee, Essel etc and how they fell to the lure. Here is a report card of NHAI under Gadkari: 
1. The total highway toll revenues of NHAI in 2021 are estimated at 26000 crores, a fall of 4% over the previous year. 
2. In 2014, the NHAI debt was just Rs 24,188 crores. In 2021, it jumped to 3.17 Lac crores. By 2022, it would be 3.8 lac crores or 15 times of what it was 7 years back. 
3. In 2021, debt under Gadkari has increased to 12.3 times of revenues. In 2014, the debt to revenues multiple was just 2.1 times. 
4. Effectively, the debt of NHAI increased 6 times more than corresponding increase in revenues. 
5. In the same period, The length of NHs in India has increased from 91,287 km in April, 
2014 to about 1.35 lac km. in 2021, a 50% increase. 
5. Of course, there is this promise of 100,000 crores toll revenues by 2025. However, the actual revenues are nowhere close. Much like the 5 trillion economy, it remains a mirage. 
The question is: Has NHAI bitten more than it can chew? In 2022, at an 8% interest cost, NHAI will be paying as much as what they earned in 2021 just as interest cost. Effectively, it is incurring massive losses  And would India be made to swallow these excesses by way of support? Is NHAI turning into an Air India for its bad leveraging decisions?

[Telugodura456]

He is just a media spin machine.

[Anta Assamey]

I demand NHAI privatization ... Roju Road ekke mundu Adani ki Ambani oka dandam pettukoni veldam ... 

[rightwar]

33 minutes ago, JackSeal said:

Any conversation on Gadkari"s performance is incomplete without talking of NHAI, the primary vehichle that finances his claim to fame. Building road assets and viability of the road projects are independent of each other. Look at Jaypee, Essel etc and how they fell to the lure. Here is a report card of NHAI under Gadkari: 
1. The total highway toll revenues of NHAI in 2021 are estimated at 26000 crores, a fall of 4% over the previous year. 
2. In 2014, the NHAI debt was just Rs 24,188 crores. In 2021, it jumped to 3.17 Lac crores. By 2022, it would be 3.8 lac crores or 15 times of what it was 7 years back. 
3. In 2021, debt under Gadkari has increased to 12.3 times of revenues. In 2014, the debt to revenues multiple was just 2.1 times. 
4. Effectively, the debt of NHAI increased 6 times more than corresponding increase in revenues. 
5. In the same period, The length of NHs in India has increased from 91,287 km in April, 
2014 to about 1.35 lac km. in 2021, a 50% increase. 
5. Of course, there is this promise of 100,000 crores toll revenues by 2025. However, the actual revenues are nowhere close. Much like the 5 trillion economy, it remains a mirage. 
The question is: Has NHAI bitten more than it can chew? In 2022, at an 8% interest cost, NHAI will be paying as much as what they earned in 2021 just as interest cost. Effectively, it is incurring massive losses  And would India be made to swallow these excesses by way of support? Is NHAI turning into an Air India for its bad leveraging decisions?

LOL revenue from roads cannot be just tolls collected.....oka road unte it connects places and adds so much to the economy and canno tbe measured in simple toll tax collection

another typical crying point.....

[JackSeal]

11 minutes ago, rightwar said:

LOL revenue from roads cannot be just tolls collected.....oka road unte it connects places and adds so much to the economy and canno tbe measured in simple toll tax collection

another typical crying point.....

crying point ento me bathailake theleyali… then why govt is not rescuing NHAI… repu NHAI not productive or making profits and ammi 10ngutharu … apudu nve malli vachi support chesthav yes NHAI is burden andhuke sold ani…

ROI ravatledu antene economy 10ngindi ani meaning bathai… rural roads ke nv cheppe logic applicable not to highways

[rightwar]

9 minutes ago, JackSeal said:

crying point ento me bathailake theleyali… then why govt is not rescuing NHAI… repu NHAI not productive or making profits and ammi 10ngutharu … apudu nve malli vachi support chesthav yes NHAI is burden andhuke sold ani…

ROI ravatledu antene economy 10ngindi ani meaning bathai… rural roads ke nv cheppe logic applicable not to highways

a road generates a lot indirectly to govt and if nhai not getting returns then they need to look at ways to better their finances.NHAI working ela untadho gadkari oka function lo clear ga cheppadu.....oka project 15 years theesukuntaaru....

i would be first to support privatization......all road building also should be done by private players

[Thokkalee]

30 minutes ago, rightwar said:

a road generates a lot indirectly to govt and if nhai not getting returns then they need to look at ways to better their finances.NHAI working ela untadho gadkari oka function lo clear ga cheppadu.....oka project 15 years theesukuntaaru....

i would be first to support privatization......all road building also should be done by private players

Do you think Govt employees are laying down the roads?? Roads vesedi contractors and sub contractors kadaa 

[Raven_Rayes]

1 hour ago, rightwar said:

a road generates a lot indirectly to govt and if nhai not getting returns then they need to look at ways to better their finances.NHAI working ela untadho gadkari oka function lo clear ga cheppadu.....oka project 15 years theesukuntaaru....

i would be first to support privatization......all road building also should be done by private players

rey rey ... roju roju ki shaka standards ila padipothunnay entra

[Ryzen_renoir]

Too many contracts given to Bjp firms who have very little expertise . 

For example dilip buildcon which was responsible for anakapalle flyover collapse has order books of about 30000 crores .

Also too many roads are being laid in bimaru states which will not return any profit