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NHAI has accepted an INR 6,220.90 crore offer from National Highways Infra Trust for monetising two national highway stretches spanning over 310 kilometres in Maharashtra and Andhra Pradesh. The deal forms part of NHAI's broader asset monetisation strategy aimed at unlocking value from existing highways to fund new infrastructure projects. With this transaction, total assets monetised through NHIT have reached INR 49,858 crore, while overall monetisation during the current financial year stands at around INR 28,077 crore.
The National Highways Authority of India (NHAI) has accepted an offer worth INR 6,220.90 crore from National Highways Infra Trust for monetising two national highway stretches with a combined length of over 310 kilometres. The transaction is part of NHAI's ongoing effort to unlock value from operational road assets and redirect capital towards fresh highway development. Advertisement
Asset monetisation has become a key financing strategy for NHAI, allowing the authority to attract long-term private capital while retaining ownership of national assets. Through mechanisms such as Toll-Operate-Transfer (ToT) and Infrastructure Investment Trusts (InvITs), funds raised are being reininvested into new and under-construction national highway projects. During the current financial year, the cumulative value of highway assets monetised by NHAI has reached around INR 28,077 crore.
According to an official statement, the latest set of assets covers road sections located in Maharashtra and Andhra Pradesh. The Union Ministry of Road Transport and Highways stated that the accepted NHIT offer relates to two national highway sections spanning approximately 310.35 kilometres across the two states.
The monetised assets include the 255.97-kilometre Amravati-Chikhali-Tarsod stretch of NH-53 in Maharashtra and the 54.38-kilometre Gundugolanu-Chinna-Avutapalli stretch of NH-16 in Andhra Pradesh. These corridors are operational and generate steady toll revenue, making them suitable for long-term investment structures such as InvITs.
NHAI Chairman Santosh Kumar Yadav indicated that the InvIT model continues to play an important role in channelising financial capital for the expansion of the national highway network. With this latest award, the total value of assets monetised through NHIT has reached INR 49,858 crore.
NHIT, which is sponsored by NHAI, has so far completed four rounds of capital raising and has attracted major institutional investors including CPPIB, OTPP, EPFO, NHAI, and the SBI Group. The trust currently has more than 700 investors, and the market capitalisation of its units stands at approximately INR 28,000 crore. NHIT units are listed on both the National Stock Exchange and the Bombay Stock Exchange.
Source PTI
FAQ
1. What is the recent highway monetisation deal approved by NHAI?
The National Highways Authority of India has accepted a bid worth INR 6,220.90 crore from National Highways Infra Trust to monetise two operational national highway stretches. The deal covers road assets spanning more than 310 kilometres and is part of NHAI's broader strategy to unlock value from existing highways to finance new infrastructure development.
2. Which highway stretches are being monetised under this transaction?
The monetised assets include the 255.97-kilometre Amravati-Chikhali-Tarsod stretch of NH-53 in Maharashtra and the 54.38-kilometre Gundugolanu-Chinna-Avutapalli stretch of NH-16 in Andhra Pradesh. Both corridors are fully operational and generate stable toll revenue, making them suitable for long-term monetisation through the InvIT route.
3. What is the purpose of highway asset monetisation by NHAI?
Asset monetisation allows NHAI to raise long-term capital from completed and revenue-generating highways while retaining ownership of the assets. The funds raised are reinvested into new and under-construction highway projects, reducing dependence on direct budgetary support and enabling faster expansion of the national road network.
4. What monetisation models does NHAI use for highways?
NHAI primarily uses the Toll-Operate-Transfer (ToT) model and Infrastructure Investment Trusts (InvITs) for highway monetisation. Under these structures, private and institutional investors operate and maintain road assets for a defined period in return for toll revenues, while NHAI continues to remain the asset owner.
5. How much has NHAI monetised during the current financial year?
During the current financial year, NHAI has monetised highway assets worth approximately INR 28,077 crore. This reflects a steady pace of monetisation activity as the authority continues to use asset recycling as a key funding mechanism for highway construction and capacity expansion.
6. What is the cumulative value of assets monetised through NHIT so far?
With the acceptance of this latest bid, the total value of highway assets monetised through NHIT has reached INR 49,858 crore. The InvIT has emerged as a central platform for channelising long-term institutional capital into India's road infrastructure sector.
7. Who are the major investors in NHIT?
NHIT has attracted a diverse set of domestic and global institutional investors, including CPPIB, OTPP, EPFO, NHAI, and the SBI Group. The trust has completed four rounds of capital raising and currently has more than 700 investors, reflecting strong confidence in India's highway monetisation framework.
8. Where are NHIT units listed and what is its current market size?
Units of NHIT are listed on both the National Stock Exchange and the Bombay Stock Exchange. The market capitalisation of the trust's units is estimated at around INR 28,000 crore, making it one of the largest infrastructure InvITs in the country.
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