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NHAI updates road asset acquisition plan for FY26 monetisation drive

#Infrastructure News#Infrastructure#India
Last Updated : 3rd Jan, 2026
Synopsis

The National Highways Authority of India (NHAI) has revised its list of national highway assets for potential acquisition by the National Highways Infra Trust (NHIT) under its FY26 monetisation plan. The updated portfolio includes 24 road assets totaling approximately 1,472 km, including key stretches in Maharashtra and Andhra Pradesh. NHAI aims to raise INR 30,000-40,000 crore through a mix of Toll-Operate-Transfer (TOT) bundles and InvIT transfers. The plan aligns with the 2025 monetisation strategy, which seeks stable non-budgetary funding and reduced debt reliance to support future highway construction and development.

The National Highways Authority of India has updated the list of highway assets identified for potential acquisition by the National Highways Infra Trust under its FY26 monetisation plan. This replaces the previous set of projects shared mid-year and forms part of Round 5 of the ongoing asset monetisation programme.


The newly identified stretches include a 256.7-km four-lane section of NH 53 in Maharashtra covering Amravati Chikhali Tarsod, and a 54.38-km six-lane section of NH 16 in Andhra Pradesh from Gundugolanu Chinna Avutapalli Vijayawada. Together, these segments add up to 311.08 km, contributing to the total of 1,472 km earmarked for monetisation.

NHAI's FY26 plan targets monetisation proceeds of INR 30,000-40,000 crore. While the budgeted figure was INR 30,000 crore, internal assessments indicate the authority is aiming closer to INR 40,000 crore. Historically, TOT contracts have contributed around 53% of NHAI's total monetisation since FY19. The share of InvIT transfers has grown significantly in the last two years and is expected to remain an important channel this financial year.

Up to FY25, NHAI has mobilised roughly INR 92,600 crore through TOT and InvIT routes. Successful execution of the FY26 plan could raise cumulative proceeds to nearly INR 1.3 lakh crore. The authority plans to continue using a combination of TOT and InvIT mechanisms to attract both domestic and international investment, enabling a steady flow of non-budgetary funds.

This monetisation strategy, formalised in 2025, is designed to provide a recurring funding source for highway construction while reducing dependence on conventional budgetary support and debt. It also reflects NHAI's approach to efficiently manage its asset portfolio, optimise revenue streams, and sustain long-term highway infrastructure growth.

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