The finance ministry on Tuesday launched a Public-Private Partnership (PPP) project pipeline for FY26–28, covering 852 projects across central ministries and states, with a combined infrastructure investment exceeding Rs 17 lakh crore.
The comprehensive pipeline consolidates planned initiatives across key sectors, including transport, energy, water resources and urban infrastructure, reflecting a sustained policy push to leverage private capital and expertise in accelerating India’s growth agenda.
Statement issued by the Ministry of Finance
“The pipeline provides early visibility of potential PPP projects to enable investors, developers and other stakeholders to undertake more informed planning and investment decisions,” the finance ministry said in a statement.
The initiative, based on the FY26 Union Budget announcement, aims to enhance project readiness, expand investor participation and improve delivery timelines through a structured framework of central and state-level PPP commitments, signalling strong momentum in India’s infrastructure investment landscape.
Central Ministry
The Central Ministries/Departments lead the pipeline with 232 projects valued at over Rs 13.15 lakh crore. States and Union Territories together have a larger project count (620) but a smaller overall cost of around Rs 3.85 lakh crore, reflecting broad local-level infrastructure planning.
In the Central pipeline, the road transport and highways lead with 108 projects, collectively valued at over Rs 8.77 lakh crore, reflecting a continued focus on highway expansion. Power follows with 46 projects totalling Rs 3.4 lakh crore, emphasising energy generation and transmission capacity enhancement.
Other ministries, including civil aviation, petroleum and natural gas, water resources, ports and shipping, industry promotion, and railways, contribute smaller project counts and investment values, ranging from one to 29 projects each.
The PPP project pipeline across states and union territories shows a varied distribution of projects and investments. Andhra Pradesh leads with the highest total project cost (Rs 1.16 lakh crore), closely followed by Tamil Nadu (Rs 87640 crore) and Madhya Pradesh (Rs 65,496 crore), highlighting major infrastructure priorities in these regions.
The renewed thrust to PPP projects followed the Centre’s capex hitting 3% of GDP and finding no room for further rise, given the fiscal constraints. Private investment-led growth is seen as an imperative.
The PPP projects approved by the government had an investment commitment of Rs 1.28 lakh crore in 2021, but such projects plunged to Rs 10,709 crore in 2022 and Rs 11,256 crore in 2023. PPP project clearances improved to Rs 66,919 crore in 2024.