NHAI Targets Rs 150 Bn Fundraising, Eyes Bond Issue
ROADS & HIGHWAYS

NHAI Targets Rs 150 Bn Fundraising, Eyes Bond Issue

The National Highways Authority of India (NHAI) is gearing up for a substantial fundraising initiative, targeting Rs 150 billion in the current fiscal year, according to exclusive reports. The move comes as NHAI seeks to secure financial resources for critical road and highway development projects across the country.

NHAI's ambitious fundraising plan is anticipated to play a pivotal role in accelerating the pace of infrastructure development, addressing crucial transportation needs, and fostering economic growth. The funds are earmarked for projects aimed at expanding and modernising the extensive network of national highways in India.

As part of this financial strategy, NHAI is reportedly considering a bond issue to attract investment. The issuance of bonds is a common practice for government entities to raise capital for large-scale infrastructure projects. NHAI's bond issue, if materialised, is expected to draw interest from institutional investors and contribute to the successful execution of its projects.

The funds raised will likely be allocated to key road and highway initiatives, focusing on improving connectivity, reducing travel times, and enhancing overall transportation efficiency. This aligns with the government's broader vision of building a robust and well-connected infrastructure network to support economic activities and regional development.

The success of NHAI's fundraising efforts will depend on factors such as market conditions, investor confidence, and the overall economic climate. As India continues its journey toward comprehensive infrastructure development, the role of organisations like NHAI in mobilising capital for crucial projects becomes increasingly significant.

The National Highways Authority of India (NHAI) is gearing up for a substantial fundraising initiative, targeting Rs 150 billion in the current fiscal year, according to exclusive reports. The move comes as NHAI seeks to secure financial resources for critical road and highway development projects across the country. NHAI's ambitious fundraising plan is anticipated to play a pivotal role in accelerating the pace of infrastructure development, addressing crucial transportation needs, and fostering economic growth. The funds are earmarked for projects aimed at expanding and modernising the extensive network of national highways in India. As part of this financial strategy, NHAI is reportedly considering a bond issue to attract investment. The issuance of bonds is a common practice for government entities to raise capital for large-scale infrastructure projects. NHAI's bond issue, if materialised, is expected to draw interest from institutional investors and contribute to the successful execution of its projects. The funds raised will likely be allocated to key road and highway initiatives, focusing on improving connectivity, reducing travel times, and enhancing overall transportation efficiency. This aligns with the government's broader vision of building a robust and well-connected infrastructure network to support economic activities and regional development. The success of NHAI's fundraising efforts will depend on factors such as market conditions, investor confidence, and the overall economic climate. As India continues its journey toward comprehensive infrastructure development, the role of organisations like NHAI in mobilising capital for crucial projects becomes increasingly significant.

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?