NHAI Extends 375 KM Highway via TOT to Private Sector

MoRTH looks at record Rs.600 billion from monetisation in FY25

The Union Ministry of Road Transport and Highways (MoRTH) is looking to raise a record Rs.600 billion from monetisation in the current fiscal. While the marque toll-operate-transfer (TOT) highways will form a large portion of the exercise, a third of this money is likely to come from the NHAI InvIT and private InvITs that may be directly offered road projects for the first time this year.

The higher monetisation in FY25 is expected to maintain the momentum gained in last fiscal when for the first time a sum of Rs.3.83 billion was mobilised from ToT, InvIT and project-based financing..

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 in..

Actis expands Indian roads portfolio, acquires NHAI HAM concessions

On February 8, Actis, an emerging markets infrastructure investor, announced its acquisition of a portfolio comprising four Hybrid Annuity Model (HAM) road assets from Patel Infrastructure Ltd, a construction firm.

Actis has already finalised the acquisition of two completed assets, with plans to acquire an additional two upon completion, according to a statement. While the financial details remain undisclosed, Actis emphasised the attractiveness of these assets, awarded by the National Highways Authority of India (NHAI), due to their availability-based fixed revenues with interest rat..

GIS mapping of all National Highways to be completed soon

The government announced its intention to complete GIS mapping of all National Highways with the aim of enhancing planning, execution, and monitoring processes.

It was conveyed by the Ministry of Road Transport and Highways (MORTH) that project implementing units of various agencies, including the National Highways Authority of India (NHAI), Border Roads Organisation (BRO), and National Highways and Infrastructure Development Corporation Ltd (NHIDCL), were instructed to indicate their jurisdiction on a dashboard.

The primary goal of this standard operating procedure (SOP) was t..

Highway Construction Accelerates Despite Election Season

Highway construction in India has not slowed down during the current election season, according to officials. Instead, there has been a noticeable acceleration in road infrastructure projects across the country.

Authorities highlight that the construction momentum has been maintained despite the electoral activities, underscoring the government's commitment to advancing infrastructure development. This proactive approach aims to enhance connectivity, facilitate economic growth, and improve transportation efficiency nationwide.

The surge in highway construction activity reflects s..