NHAI targets monetisation of 2,741 km highway stretches in FY’25
The National Highways Authority of India (NHAI) has identified 33 highway stretches spanning 2,741 kilometer for monetisation during the current financial year.
These stretches encompass Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh; Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan; Panikoili-Rimuli in Odisha; Chennai bypass in Tamil Nadu; and Muzaffarpur-Darbhanga-Purnia highway in Bihar.
In the fiscal year 2023-24, NHAI raised Rs 40,314 crore through various asset monetisation methods, exceeding the target of Rs 28,868 crore. NHAI’s total asset monetisation has crossed Rs 1 lakh crore to date. The Ministry of Road, Transport, and Highways (MoRTH) raised Rs 32,855 crore in 2022-23 through various modes of asset monetisation.
MoRTH monetises its assets under three modes: toll-operate-transfer (TOT) model, Infrastructure Investment Trust (InvIT), and project-based financing, providing all categories of investors an opportunity to invest in highways and associated infrastructure. InvIT is an instrument similar to mutual funds, pooling money from investors to invest in assets that provide cash flows over time.
