NHAI Plans Rs.30 Bn Bond Issue in FY25

04 Jul 2024 CW Team

The National Highways Authority of India (NHAI) is gearing up to raise ?30 billion through bonds during the financial year 2024-25. This move is part of NHAI's strategy to mobilise funds for various infrastructure projects across the country.

The bonds, which will be issued in the upcoming fiscal year, are aimed at financing the development and maintenance of national highways and related infrastructure. NHAI plans to utilise the proceeds from the bond issue to support its ongoing and upcoming projects, including road construction, expansion, and modernization efforts.

The decision to raise funds through bonds underscores NHAI's commitment to enhancing India's road infrastructure and addressing the growing demand for efficient transportation networks. The authority plays a crucial role in facilitating economic growth by improving connectivity and reducing travel time between major cities and industrial hubs.

NHAI's bond issuance is expected to attract investor interest, given its reputation for executing large-scale infrastructure projects and its robust financial management framework. The funds raised will be crucial in accelerating the pace of road development initiatives, contributing to India's overall infrastructure development goals.

By leveraging bond financing, NHAI aims to capitalise on favourable market conditions and investor confidence in infrastructure projects. The bond issuance is also aligned with the government's broader objective of boosting infrastructure investments to stimulate economic growth and create employment opportunities across the country.

In conclusion, NHAI's planned bond issue in FY25 marks a significant step towards mobilising funds for critical infrastructure projects, supporting India's economic development, and improving the country's transportation infrastructure.

Infrastructure Urban

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