NHAI Plans to Monetize Up to $2.4 Billion in Assets by 2024

13 Aug 2024 CW Team

The National Highways Authority of India (NHAI) has set an ambitious target to monetize assets worth up to $2.4 billion by the end of 2024. This strategic move is part of NHAI?s broader effort to enhance funding for its expansive infrastructure development projects.

NHAI plans to achieve this through a variety of monetization methods, including asset securitization, toll collection rights, and public-private partnerships. The focus will be on leveraging the existing infrastructure assets to generate significant revenue, which will be reinvested into highway expansion and maintenance projects.

The asset monetization initiative is aimed at improving the financial sustainability of NHAI while accelerating the development of key national highways. This approach is expected to reduce the reliance on government budget allocations and provide a more sustainable funding mechanism for ongoing and future projects.

By monetizing its assets, NHAI hopes to address funding gaps, improve project execution timelines, and enhance the quality of India?s highway infrastructure. The success of this plan will also demonstrate the potential for similar models to be adopted by other sectors in need of investment and financial innovation.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..