NHAI to Monetise 550 km Highways via InvIT This Year
ROADS & HIGHWAYS

NHAI to Monetise 550 km Highways via InvIT This Year

The National Highways Authority of India (NHAI) has shortlisted nine highway stretches totalling over 550 km across Maharashtra, Odisha, Andhra Pradesh and West Bengal for monetisation via the Infrastructure Investment Trust (InvIT) route in the current financial year, according to a Financial Express report.

These stretches will be monetised through the National Highways Infrastructure Trust (NHIT), marking the fifth round of InvIT transactions since the mechanism was launched in 2021–22.

While previous years have seen a single InvIT issuance annually, officials suggest that two rounds could take place in 2024–25. The government’s Asset Monetisation Strategy supports conducting multiple InvIT rounds per year.

Union Minister for Road Transport and Highways Nitin Gadkari had earlier stated that InvIT would increasingly replace the Toll Operate Transfer (ToT) model. The NHAI has yet to finalise concessionaires for two ToT highway bundles bid out in the previous fiscal, while bids remain open for two more bundles under this model.

This year’s InvIT round is expected to be smaller in scale compared to FY24, when NHIT acquired 821 km of highways from NHAI with an upfront payment of Rs 177.38 billion. The upcoming round is estimated to raise around Rs 125 billion.

Since its inception, the NHAI has monetised 2,345 km of national highways through InvITs, raising Rs 436.38 billion.

A public InvIT option is also under discussion, which would allow retail investors to invest via equity units.

Should the ToT model be fully phased out, InvITs would become the primary vehicle to meet the government's monetisation goals under the second National Monetisation Pipeline. The plan aims to mobilise Rs 10 trillion over five years from 2025, with the highways sector expected to contribute Rs 3.5 trillion, requiring annual monetisation of over Rs 500 billion. 

The National Highways Authority of India (NHAI) has shortlisted nine highway stretches totalling over 550 km across Maharashtra, Odisha, Andhra Pradesh and West Bengal for monetisation via the Infrastructure Investment Trust (InvIT) route in the current financial year, according to a Financial Express report.These stretches will be monetised through the National Highways Infrastructure Trust (NHIT), marking the fifth round of InvIT transactions since the mechanism was launched in 2021–22.While previous years have seen a single InvIT issuance annually, officials suggest that two rounds could take place in 2024–25. The government’s Asset Monetisation Strategy supports conducting multiple InvIT rounds per year.Union Minister for Road Transport and Highways Nitin Gadkari had earlier stated that InvIT would increasingly replace the Toll Operate Transfer (ToT) model. The NHAI has yet to finalise concessionaires for two ToT highway bundles bid out in the previous fiscal, while bids remain open for two more bundles under this model.This year’s InvIT round is expected to be smaller in scale compared to FY24, when NHIT acquired 821 km of highways from NHAI with an upfront payment of Rs 177.38 billion. The upcoming round is estimated to raise around Rs 125 billion.Since its inception, the NHAI has monetised 2,345 km of national highways through InvITs, raising Rs 436.38 billion.A public InvIT option is also under discussion, which would allow retail investors to invest via equity units.Should the ToT model be fully phased out, InvITs would become the primary vehicle to meet the government's monetisation goals under the second National Monetisation Pipeline. The plan aims to mobilise Rs 10 trillion over five years from 2025, with the highways sector expected to contribute Rs 3.5 trillion, requiring annual monetisation of over Rs 500 billion. 

Next Story
Equipment

Ammann India Inaugurates Centralised Air Compressor System

Ammann India has inaugurated a new centralised air compressor system at its Machine Division as part of its green energy conservation and sustainable manufacturing initiatives.The newly installed system is designed to improve operational efficiency while optimising energy consumption, supporting the company’s long-term sustainability and carbon reduction goals. The upgrade is expected to deliver energy savings, reduce CO2 emissions, improve power efficiency and enhance production reliability.The system includes efficient air distribution, air drying and optimised load management to support r..

Next Story
Infrastructure Urban

Blue Dart posts revenue growth in FY26 on e-commerce and B2B demand

Blue Dart Express Limited, South Asia’s express air and integrated transportation and distribution company, has reported year-on-year growth in revenue for the financial year ended March 31, 2026, driven by strong momentum in e-commerce shipments and B2B surface express solutions.Announcing its financial results after the Board Meeting held in Mumbai, the company said revenue from operations rose to Rs 6,141 crore in FY2025–26, compared to Rs 5,720 crore in FY2024–25. Profit after tax for the year stood at Rs 240 crore.For the quarter ended March 31, 2026, Blue Dart reported revenue from..

Next Story
Infrastructure Urban

Terex launches TRAC vibration analysis system

Terex®, a global provider of specialised equipment solutions, has launched TRAC, a new vibration analysis system designed to deliver deeper insight into the performance, condition and long-term structural integrity of screening equipment.Announced in Hosur on May 11, 2026, the TRAC system is now available across screening equipment offered under Terex Materials Processing (MP) brands, including Powerscreen®, Finlay®, EvoQuip®, MDS®, Terex® Washing Systems, Terex® MPS (Cedarapids®, Simplicity®), MAGNA™ and Terex® Ecotec.Developed specifically for vibratory screening equipment by Ter..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement