State - February 6, 2025

MSIDC Launches ₹37,000 Crore Cement Concrete Road Project in Maharashtra

February 6, 2025

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Mumbai : The Maharashtra State Infrastructure Development Corporation (MSIDC), an initiative of the state government, has launched a ₹37,000 crore project to cement concrete over 6,000 kilometers of roads across 34 districts in Maharashtra. This large-scale infrastructure project aims to significantly improve road conditions and connectivity.

“The state government has set a three-year timeline for this ambitious project, with a special focus on cement concreting state highways and high-traffic rural roads. These road improvements will be crucial for economic growth and faster transportation,” said MSIDC Managing Director Brijesh Dixit.

Project Breakdown by Region and Budget Allocation:

Sr. No.	Region	Districts	Road Length (km)	Project Cost (₹ Crore)
1	Nashik	Nashik, Ahilyanagar	517.92	3217.14
2	Nashik-2	Dhule, Nandurbar, Palghar, Raigad, Ratnagiri, Sindhudurg	552.53	3448.57
3	Konkan	–	538.25	4450.00
4	Nagpur	Nagpur, Bhandara, Gondia, Chandrapur, Wardha, Gadchiroli	606.15	3387.14
5	Pune	Pune, Satara, Sangli, Kolhapur, Solapur	1330.75	8684.29
6	Nanded	Nanded, Hingoli, Parbhani, Latur	548.02	3207.14
7	Chhatrapati Sambhajinagar	C. Sambhajinagar, Jalna, Dharashiv, Beed	680.16	3395.71
8	Amravati	Amravati, Akola, Washim, Buldhana, Yavatmal	1175.41	7174.00
Total	–	–	5949.19	36964.00

MSIDC MD Brijesh Dixit emphasized that this project is a major initiative by the state government to ensure that state highways and rural roads remain in good condition throughout the year, enabling faster vehicular movement. By interconnecting various roads, the project will significantly boost Maharashtra’s overall development and economic growth.

Chief Minister Devendra Fadnavis, along with MSIDC Chairman and Minister for Public Works (excluding Undertakings) Shivendra Singh Bhosale, has instructed MSIDC to complete the road improvement work within the stipulated time frame without compromising on quality.

Dixit further stated that the project will be implemented under the Hybrid Annuity Model (HAM), a funding model adopted by the Central Government to accelerate road construction. “The state government will contribute 30% of the project cost as equity, while the remaining amount will be secured as loans from state-owned banks through MSIDC,” he added.