NHIT Secures Rs 18,380 Cr in India's Biggest Road Monetisation

31 Mar 2025 CW Team

The enterprise value of this round stands at approximately Rs 1.83 trillion ($22 billion), pushing the total realised value across four rounds to over Rs 4.6 trillion ($55 billion).

Strong Investor Participation and Capital Allocation NHIT raised:

Rs 834 billion ($1 billion) in unit capital from domestic and international investors

Rs 1 trillion ($1.2 billion) in debt from domestic lenders

These funds will be used to acquire key national highway stretches, including:

Anakapalle-Narsannapeta, Gundugolanu-Kovvuru, Chittoor-Mallavaram (Andhra Pradesh)

Bareilly-Sitapur, Muzaffarnagar-Haridwar (Uttar Pradesh/Uttarakhand)

Gandhidham-Mundra (Gujarat)

Raipur-Bilaspur (Chhattisgarh)

The total concession value of these projects is Rs 1.77 trillion ($2.1 billion), including a Rs 9.7 billion ($116 million) premium.

Investors included:

Domestic pension and provident funds (EPFO, L&T PF, Rajasthan Rajya Vidyut Karamchari PF)

Major insurance companies, banks, financial institutions, and mutual funds

Foreign investors (Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan Board)

A landmark feature of this round was the Rs 203 billion ($243 million) investment by the Employees’ Provident Fund Organisation (EPFO), marking its first-ever InvIT investment. NHAI also subscribed to its 15% share at the same price.

Expanding NHIT’s Highway Portfolio With this successful fundraising, NHIT now manages a diverse portfolio of 26 operational toll roads covering 2,345 km across 12 states. The concession periods for these highways range between 20 to 30 years, ensuring long-term revenue generation.

Conclusion This milestone reinforces India's commitment to infrastructure growth by enabling private sector participation in road development. The successful NHIT fundraising round not only boosts highway expansion but also signals continued investment potential in India's transport sector.

The National Highways Infra Trust (NHIT), an Infrastructure Investment Trust (InvIT) established by the National Highways Authority of India (NHAI) in 2020, has successfully completed its fourth round of fundraising, marking the largest monetisation transaction in India's road sector. The enterprise value of this round stands at approximately Rs 1.83 trillion ($22 billion), pushing the total realised value across four rounds to over Rs 4.6 trillion ($55 billion). Strong Investor Participation and Capital Allocation NHIT raised: Rs 834 billion ($1 billion) in unit capital from domestic and international investors Rs 1 trillion ($1.2 billion) in debt from domestic lenders These funds will be used to acquire key national highway stretches, including: Anakapalle-Narsannapeta, Gundugolanu-Kovvuru, Chittoor-Mallavaram (Andhra Pradesh) Bareilly-Sitapur, Muzaffarnagar-Haridwar (Uttar Pradesh/Uttarakhand) Gandhidham-Mundra (Gujarat) Raipur-Bilaspur (Chhattisgarh) The total concession value of these projects is Rs 1.77 trillion ($2.1 billion), including a Rs 9.7 billion ($116 million) premium. Investors included: Domestic pension and provident funds (EPFO, L&T PF, Rajasthan Rajya Vidyut Karamchari PF) Major insurance companies, banks, financial institutions, and mutual funds Foreign investors (Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan Board) A landmark feature of this round was the Rs 203 billion ($243 million) investment by the Employees’ Provident Fund Organisation (EPFO), marking its first-ever InvIT investment. NHAI also subscribed to its 15% share at the same price. Expanding NHIT’s Highway Portfolio With this successful fundraising, NHIT now manages a diverse portfolio of 26 operational toll roads covering 2,345 km across 12 states. The concession periods for these highways range between 20 to 30 years, ensuring long-term revenue generation. Conclusion This milestone reinforces India's commitment to infrastructure growth by enabling private sector participation in road development. The successful NHIT fundraising round not only boosts highway expansion but also signals continued investment potential in India's transport sector.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..