Centre crafting 5-year plan to clear NHAI debt
ROADS & HIGHWAYS

Centre crafting 5-year plan to clear NHAI debt

The government is considering either reducing or eliminating a significant portion of the Rs 3.4 trillion debt owed by the National Highway Authority of India (NHAI) within a five-year timeframe. They mentioned that this initiative aims to enable the agency to allocate its resources towards enhancing highways. One of the sources, who preferred not to be named, stated that the plan to retire the debt is part of the road and highways ministry's 100-day agenda. This plan involves reducing high-interest long-term debt and lowering interest payments.

The central government has expressed interest in repaying a portion of the NHAI's debt while also focusing on reducing the debt servicing obligations of the highway developer, which serves as the primary agency for surface infrastructure development in the nation. Additionally, the government is engaged in discussions with the NHAI?s long-term bondholders regarding prepayment. The second individual, also speaking on the condition of anonymity, noted that the interest payments of the roadmaker are consuming a significant portion of the government?s annual budget allocations.

The government is considering either reducing or eliminating a significant portion of the Rs 3.4 trillion debt owed by the National Highway Authority of India (NHAI) within a five-year timeframe. They mentioned that this initiative aims to enable the agency to allocate its resources towards enhancing highways. One of the sources, who preferred not to be named, stated that the plan to retire the debt is part of the road and highways ministry's 100-day agenda. This plan involves reducing high-interest long-term debt and lowering interest payments. The central government has expressed interest in repaying a portion of the NHAI's debt while also focusing on reducing the debt servicing obligations of the highway developer, which serves as the primary agency for surface infrastructure development in the nation. Additionally, the government is engaged in discussions with the NHAI?s long-term bondholders regarding prepayment. The second individual, also speaking on the condition of anonymity, noted that the interest payments of the roadmaker are consuming a significant portion of the government?s annual budget allocations.

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?