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NHAI to monetize 1,987 km of highways through toll-operate-transfer and InvIT modes in FY24

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NHAI to monetize 1,987 km of highways through toll-operate-transfer and InvIT modes in FY24
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In 2023–2024, 1,987 km of roadways will be made monetizable by the National Highway Authority of India (NHAI) through toll operator transfer and infrastructure investment trust (InvIT) mechanisms. The Trichy-Thuvarankurichi-Madurai (Tamil Nadu) segment, which spans 124 km, is the longest; the 4.4-km Badarpur elevated corridor in Delhi is the shortest. The NHAI has designated 30 National Highway sections as part of its strategy.

NHAI to monetize 1,987 km of highways project

The amount the NHAI hopes to collect through asset monetization in FY24 was not made public, but according to the National Monetization Pipeline of the Centre, operational highway sections account for the largest part, approximately 1.6 lakh crore. The NHAI planned to sell 14 highway segments totaling 1,750.14 km in 2022–2023, and it made  ₹10,367.77 crore in revenue from 487.7 km of road assets in FY23. The NHAI’s debt, which was 3.5 lakh crore at the end of 2021–22, would be managed with the use of asset monetization.

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