“In a significant milestone towards achieving the asset monetisation target for FY 2025–26, NHAI has realised Rs 28,307 crores through a combination of Public InvIT, Private InvIT, and Toll-Operate-Transfer (TOT) model, including TOT Bundles 17 and 18,” the ministry of road transport and highways said.
“With bids received for TOT Bundle-19, which are under technical evaluation, NHAI is well poised to achieve the government’s budgeted target of Rs 30,000 crore for current FY 2025–26,” it added.
As per the statement, the InvIT-5 has been awarded to NHIT Western Projects for a period of 20 years. It comprises of two key National Highway sections across Maharashtra and Andhra Pradesh, including 255.9 km long Amravati–Chikhali–Tarsod section of NH-53 in Maharashtra and 54.3 km long Gundugolanu–Chinna Avutapalli section of NH-16 in Andhra Pradesh.
Further, NHAI has also awarded Toll-Operate-Transfer (TOT) Bundle-18, which includes the 74.5 km long Chandikhole–Bhadrak section of NH-16 in Odisha, to IRB Chandibhadra Tollway for a concession period of 20 years.
Under this, the concessionaire will undertake operation and maintenance of the National Highway section and collect user fees in accordance with the National Highways Fee Rules.
Earlier, the maiden public issue of the NHAI-sponsored Raajmarg Infra Investment Trust (RIIT), which secured rights to five operational National Highway assets located in the states of Jharkhand, Tamil Nadu, Andhra Pradesh, and Karnataka, helped NHAI realise approximately 9,500 crore.The acquisition of these assets has been financed through a combination of equity and debt. The public issue was oversubscribed nearly 14 times, reflecting strong investor confidence in India’s infrastructure sector, the Government’s asset monetisation programme, and the long-term growth prospects of national highway assets, it said.
These milestones underscore NHAI’s continued focus on leveraging operational National Highway assets through transparent and structured monetisation frameworks to mobilise resources for National Highway infrastructure development across the country, it added.