NHAI plans to monetise 2,741 km via toll operate transfer, InvIT in FY25

19 Apr 2024 CW Team

The National Highways Authority of India (NHAI) has expressed its intention to monetize 33 stretches of national highways during the current financial year of 2024-25 (FY25) through toll operate transfer (TOT) and infrastructure investment trust (InvIT).

It was mentioned that the stretches encompass Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai Bypass in Tamil Nadu, and Muzaffarpur-Darbhanga-Purnia highway in Bihar.

During the previous financial year (FY24), these 33 stretches, totalling 2741 kilometers (km), reportedly generated around Rs 50 billion in revenue. NHAI will have the authority to reassess and modify the list and methods of monetisation according to its own strategic plans moving forward.

It remains unclear which of these assets will be included in NHAI's TOT bundles and which will be transferred to the highway authority?s InvIT. It has been noted that NHAI has already released 14 bundles of national highways in the TOT mode. This particular mechanism grants highway entities the privilege to collect toll for a specified duration after paying an upfront cash amount to the authority.

The valuation process is determined through competitive bidding. Despite facing challenges in ensuring bids deemed fair by the authority, NHAI has managed to allocate 10 TOT bundles, generating a total of Rs 420 billion since the inception of the asset monetisation initiative.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..