+
NHAI to raise Rs 20,000 cr from road assets monetisation in 2022-23
ROADS & HIGHWAYS

NHAI to raise Rs 20,000 cr from road assets monetisation in 2022-23

The National Highways Authority of India (NHAI) has decided to monetise highway stretches with a combined length of 1,750 km in 2022-23, a move which enables it to raise about Rs 20,000 crore.

It has made an indicative list of road assets to be monetised in the current fiscal year, which comprises 14 stretches with lengths between 6.49 km and 280 km in various parts of the country.

Asset monetisation is central to the plan of NHAI to mitigate its debt burden, which stood at Rs 3.5 trillion at the end of the last fiscal year. Monetisation of operational assets will be via the infrastructure investment trusts (InvIT), toll-operate-transfer (TOT), and toll securitisation modes.

The NHAI recently cancelled the bidding processes for two TOT bundles — sixth and eighth — as the highest bids did not match up to its expectations.

In 2022-23, the NHAI will not borrow from the market. The budgetary outlay for the agency this year is evaluated at Rs 1.34 trillion, much more than the level in recent years.

Crisil’s Jagannarayan Padmanabhan said the authority to sail via the revised target for the current fiscal year comfortably provided the current level of investors’ appetite.

Image Source

Also read: NHAI to award 6,500 km NH construction contracts this FY

The National Highways Authority of India (NHAI) has decided to monetise highway stretches with a combined length of 1,750 km in 2022-23, a move which enables it to raise about Rs 20,000 crore. It has made an indicative list of road assets to be monetised in the current fiscal year, which comprises 14 stretches with lengths between 6.49 km and 280 km in various parts of the country. Asset monetisation is central to the plan of NHAI to mitigate its debt burden, which stood at Rs 3.5 trillion at the end of the last fiscal year. Monetisation of operational assets will be via the infrastructure investment trusts (InvIT), toll-operate-transfer (TOT), and toll securitisation modes. The NHAI recently cancelled the bidding processes for two TOT bundles — sixth and eighth — as the highest bids did not match up to its expectations. In 2022-23, the NHAI will not borrow from the market. The budgetary outlay for the agency this year is evaluated at Rs 1.34 trillion, much more than the level in recent years. Crisil’s Jagannarayan Padmanabhan said the authority to sail via the revised target for the current fiscal year comfortably provided the current level of investors’ appetite. Image Source Also read: NHAI to award 6,500 km NH construction contracts this FY

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?