NHAI Secures Over Rs 28,300 Crore from Asset Monetisation in FY26, Approaching Target
Synopsis
Key Takeaways
New Delhi, March 30 (NationPress) The National Highways Authority of India (NHAI) has successfully generated Rs 28,307 crore through various initiatives including Public InvIT, Private InvIT, and the Toll-Operate-Transfer (TOT) model, which encompasses TOT Bundles 17 and 18 for the fiscal year 2025–26, as announced by the government on Monday.
With the bids for TOT Bundle-19 now under technical evaluation, NHAI is on track to meet the government's projected target of Rs 30,000 crore for this fiscal year.
Moreover, NHAI has successfully monetised over 310 km of National Highways through its Infrastructure Investment Trust (InvIT) programme, specifically InvIT Round-5.
This InvIT-5 has been awarded to NHIT Western Projects Private Limited with a concession fee of Rs 6,366.98 crore for a tenure of 20 years.
InvIT-5 includes two significant sections of National Highway located in Maharashtra and Andhra Pradesh: the 255.9 km Amravati–Chikhali–Tarsod section of NH-53 and the 54.3 km Gundugolanu–Chinna Avutapalli section of NH-16.
The assets involved include toll plazas such as Nashirabad, Dasarkhed, Taroda Kasba, Kurankhed, and Kalaparru, as indicated in an official statement.
NHAI has also successfully realised the Toll-Operate-Transfer (TOT) Bundle-18 for Rs. 3,087 crore, which incorporates the 74.5 km long Chandikhole–Bhadrak segment of NH-16 in Odisha.
TOT-18 has been awarded to IRB Chandibhadra Tollway Private Limited for a concession period of 20 years, during which the concessionaire will handle the operation and maintenance of the designated National Highway segment and collect user fees in compliance with the National Highways Fee Rules, as per the statement.
Previously, the inaugural public offering of the NHAI-sponsored Raajmarg Infra Investment Trust (RIIT) was listed on the Bombay Stock Exchange (BSE) on March 24, 2026.
RIIT secured rights to five operational National Highway assets distributed across Jharkhand, Tamil Nadu, Andhra Pradesh, and Karnataka, with a total concession value of around Rs 9,500 crore.
The acquisition was funded through a mix of equity and debt, and the public issue was oversubscribed nearly 14 times, demonstrating robust investor confidence in India's infrastructure sector, the asset monetisation programme, and the enduring growth prospects of national highway assets.