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

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement