+
NHAI Accepts NHIT Offer To Acquire Two Highway Assets
ROADS & HIGHWAYS

NHAI Accepts NHIT Offer To Acquire Two Highway Assets

The National Highways Authority of India (NHAI) has accepted an offer from National Highways Infra Trust (NHIT) amounting to Rs 62.209 bn for the monetisation of two national highway sections totalling 310.35 km across two states.

The monetised assets comprise the 255.97 km Amravati–Chikhali–Tarsod section of NH?53 in Maharashtra and the 54.38 km Gundugolanu–Chinna–Avutapalli section of NH?16 in Andhra Pradesh.

NHIT, an Infrastructure Investment Trust (InvIT) sponsored by the NHAI, has completed four rounds of capital raising with investors including the Canada Pension Plan Investment Board, Ontario Teachers' Pension Plan, the Employees' Provident Fund Organisation, NHAI and the State Bank of India group. The trust has attracted more than 700 investors and its units are listed on the National Stock Exchange and the Bombay Stock Exchange. The current market capitalisation of NHIT units stands at approximately Rs 280 bn.

Asset monetisation through models such as Toll?Operate?Transfer (ToT) and InvITs has been used to generate funds for reinvestment in new national highway projects. During the current financial year the total assets monetised by the authority amount to around Rs 280.77 bn. The programme is intended to mobilise private capital and to accelerate project delivery.

The chairman of the authority indicated that InvITs are playing a critical role in channelising financial capital for further development of the national highway network and that the latest award brings cumulative assets monetised through NHIT to Rs 498.58 bn. The approach is designed to ensure financial sustainability while introducing private sector efficiencies and advanced technologies. Officials expect the model to enhance the quality and longevity of highway infrastructure.

The National Highways Authority of India (NHAI) has accepted an offer from National Highways Infra Trust (NHIT) amounting to Rs 62.209 bn for the monetisation of two national highway sections totalling 310.35 km across two states. The monetised assets comprise the 255.97 km Amravati–Chikhali–Tarsod section of NH?53 in Maharashtra and the 54.38 km Gundugolanu–Chinna–Avutapalli section of NH?16 in Andhra Pradesh. NHIT, an Infrastructure Investment Trust (InvIT) sponsored by the NHAI, has completed four rounds of capital raising with investors including the Canada Pension Plan Investment Board, Ontario Teachers' Pension Plan, the Employees' Provident Fund Organisation, NHAI and the State Bank of India group. The trust has attracted more than 700 investors and its units are listed on the National Stock Exchange and the Bombay Stock Exchange. The current market capitalisation of NHIT units stands at approximately Rs 280 bn. Asset monetisation through models such as Toll?Operate?Transfer (ToT) and InvITs has been used to generate funds for reinvestment in new national highway projects. During the current financial year the total assets monetised by the authority amount to around Rs 280.77 bn. The programme is intended to mobilise private capital and to accelerate project delivery. The chairman of the authority indicated that InvITs are playing a critical role in channelising financial capital for further development of the national highway network and that the latest award brings cumulative assets monetised through NHIT to Rs 498.58 bn. The approach is designed to ensure financial sustainability while introducing private sector efficiencies and advanced technologies. Officials expect the model to enhance the quality and longevity of highway infrastructure.

Next Story
Infrastructure Urban

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Next Story
Equipment

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Next Story
Equipment

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement