NHAI Raises Over Rs 16,000 Crore
ROADS & HIGHWAYS

NHAI Raises Over Rs 16,000 Crore

The National Highways Authority of India (NHAI) has successfully concluded its largest monetization effort to date, raising over Rs 16,000 crore in the third round of its Infrastructure Investment Trust (InvIT) monetization programme. This milestone achievement underscores the robust investor interest in India's infrastructure assets, particularly in the road sector, despite global economic uncertainties.

The NHAI's InvIT monetization initiative aims to unlock the value of its operational highway projects by leasing them to InvITs, which in turn raise funds from investors by issuing units. In the third round, the NHAI offered a portfolio of operational toll-road projects to potential investors, attracting significant interest from both domestic and international investors.

The successful conclusion of this round further strengthens NHAI's financial position and its ability to fund new infrastructure projects across the country. The funds raised will be crucial in accelerating the pace of highway development and modernization, thereby enhancing connectivity and promoting economic growth in India.

Investors have shown confidence in NHAI's InvIT model due to its predictable revenue streams and long-term growth potential. The monetization of operational highway projects not only provides NHAI with immediate funds but also allows it to focus on its core mandate of building and expanding the national highway network.

The NHAI's proactive approach to infrastructure monetization aligns with the government's broader strategy to attract private investment in the sector and leverage public assets to finance new projects. By monetizing operational assets, NHAI can recycle capital and reinvest in the development of new infrastructure, ensuring sustainable growth in the long run.

Overall, NHAI's successful conclusion of its largest monetization round is a testament to the growing investor confidence in India's infrastructure sector and the government's commitment to fostering a conducive investment environment. With continued momentum in infrastructure monetization, NHAI is well-positioned to achieve its ambitious goals of expanding and modernizing India's road network, driving economic progress and prosperity across the nation.

The National Highways Authority of India (NHAI) has successfully concluded its largest monetization effort to date, raising over Rs 16,000 crore in the third round of its Infrastructure Investment Trust (InvIT) monetization programme. This milestone achievement underscores the robust investor interest in India's infrastructure assets, particularly in the road sector, despite global economic uncertainties. The NHAI's InvIT monetization initiative aims to unlock the value of its operational highway projects by leasing them to InvITs, which in turn raise funds from investors by issuing units. In the third round, the NHAI offered a portfolio of operational toll-road projects to potential investors, attracting significant interest from both domestic and international investors. The successful conclusion of this round further strengthens NHAI's financial position and its ability to fund new infrastructure projects across the country. The funds raised will be crucial in accelerating the pace of highway development and modernization, thereby enhancing connectivity and promoting economic growth in India. Investors have shown confidence in NHAI's InvIT model due to its predictable revenue streams and long-term growth potential. The monetization of operational highway projects not only provides NHAI with immediate funds but also allows it to focus on its core mandate of building and expanding the national highway network. The NHAI's proactive approach to infrastructure monetization aligns with the government's broader strategy to attract private investment in the sector and leverage public assets to finance new projects. By monetizing operational assets, NHAI can recycle capital and reinvest in the development of new infrastructure, ensuring sustainable growth in the long run. Overall, NHAI's successful conclusion of its largest monetization round is a testament to the growing investor confidence in India's infrastructure sector and the government's commitment to fostering a conducive investment environment. With continued momentum in infrastructure monetization, NHAI is well-positioned to achieve its ambitious goals of expanding and modernizing India's road network, driving economic progress and prosperity across the nation.

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?