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The National Highways Authority of India (NHAI) has effectively repaid a bank loan totalling ₹15,700 crore, marking a significant advancement in debt reduction. It is estimated that interest savings of almost ₹1,000 crore will result from this early repayment. As a result, the amount of outstanding debt held by NHAI has now dropped to about ₹3,20,000 crore.
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The revenues from Infrastructure Investment Trusts (InvITs) are allocated for the repayment of NHAI’s debt in accordance with directions from the Government of India. Through InvIT, ₹15,700 crore was raised for the prepayment in FY 2023–2024. In order to further lower its debt to about ₹3,00,000 crore by the conclusion of the fiscal year, NHAI intends to monetise projects worth ₹15,000 to 20,000 crore via InvIT during FY 2024–25.
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Construction, Infrastructure and Mining
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