NHAI to List Highways With Long-Term Monetisation Potential
ROADS & HIGHWAYS

NHAI to List Highways With Long-Term Monetisation Potential

The National Highways Authority of India (NHAI) is set to create a dedicated register of highway assets with long-term monetisation potential, complementing its existing annual list of roads earmarked for commercialisation through toll-operate-transfer (TOT) and infrastructure investment trust (InvIT) models.

The initiative aims to maximise asset value and offer investors greater visibility into potential future opportunities. According to officials, this register will include technical and financial data to assess revenue viability, allowing investors to formulate strategic plans for engagement with India's road infrastructure market.

For the current financial year, the monetisation list includes 24 highway stretches spanning 1,472 km, with a revenue target of Rs 300 billion. However, this target may increase, as the government's updated asset monetisation strategy calls for a more aggressive approach to asset sales.

The upcoming asset register will classify highway stretches based on revenue potential: highly attractive, moderately attractive, potentially attractive, and low revenue per kilometre. Stretches with minimal returns will be excluded from monetisation bundles. Instead, bundles will be structured to balance immediate revenue with future growth, reducing risk and enhancing investor appeal.

Highways must meet strict eligibility criteria to enter the register:
  • Must be operational for at least one year
  • Construction must be fully completed
  • No major upgrades required in the near term
  • Toll revenue should exceed Rs 8 million per km per year
  • Must be free of legal disputes or liabilities
NHAI also plans to launch a public InvIT, offering three asset bundles every quarter, enabling retail investors to participate in the highway monetisation programme. This will run parallel to the private InvIT, the National Highway Infrastructure Trust (NHIT), which has already completed four monetisation rounds.
By streamlining project information and classifying assets based on investor interest, NHAI’s expanded monetisation strategy seeks to boost funding, enhance transparency, and accelerate development across India’s national highways network.

The National Highways Authority of India (NHAI) is set to create a dedicated register of highway assets with long-term monetisation potential, complementing its existing annual list of roads earmarked for commercialisation through toll-operate-transfer (TOT) and infrastructure investment trust (InvIT) models.The initiative aims to maximise asset value and offer investors greater visibility into potential future opportunities. According to officials, this register will include technical and financial data to assess revenue viability, allowing investors to formulate strategic plans for engagement with India's road infrastructure market.For the current financial year, the monetisation list includes 24 highway stretches spanning 1,472 km, with a revenue target of Rs 300 billion. However, this target may increase, as the government's updated asset monetisation strategy calls for a more aggressive approach to asset sales.The upcoming asset register will classify highway stretches based on revenue potential: highly attractive, moderately attractive, potentially attractive, and low revenue per kilometre. Stretches with minimal returns will be excluded from monetisation bundles. Instead, bundles will be structured to balance immediate revenue with future growth, reducing risk and enhancing investor appeal.Highways must meet strict eligibility criteria to enter the register:Must be operational for at least one yearConstruction must be fully completedNo major upgrades required in the near termToll revenue should exceed Rs 8 million per km per yearMust be free of legal disputes or liabilitiesNHAI also plans to launch a public InvIT, offering three asset bundles every quarter, enabling retail investors to participate in the highway monetisation programme. This will run parallel to the private InvIT, the National Highway Infrastructure Trust (NHIT), which has already completed four monetisation rounds.By streamlining project information and classifying assets based on investor interest, NHAI’s expanded monetisation strategy seeks to boost funding, enhance transparency, and accelerate development across India’s national highways network.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->