On track to achieve ₹30,000 crore in road monetisation: NHAI

The National Highways Authority of India (NHAI) is on track to meet the Centre’s budgeted target of ₹30,000 crore for asset monetisation in the current financial year, it said.

It has already mobilised ₹28,307 crore through a mix of Public and Private Infrastructure Investment Trust (InvIT) and the Toll-Operate-Transfer (TOT) model. Bids for TOT Bundle-19 have been received and are currently under technical evaluation, NHAI said in a press statement. Last financial year, NHAI monetised assets for a total of ₹28,724 crore.

NHAI has monetised over 310 km of national highways under the fifth round of its InvIT programme. The project has been awarded to NHIT Western Projects Pvt Ltd for ₹6,366.98 crore, with a concession period of 20 years.

InvIT Round-5 includes two key highway stretches — a 255.9 km section of NH-53 between Amravati, Chikhali and Tarsod in Maharashtra, and a 54.3 km stretch of NH-16 between Gundugolanu and Chinna Avutapalli in Andhra Pradesh.

NHAI has also raised ₹3,087 crore through Toll-Operate-Transfer (TOT) Bundle-18, which covers a 74.5-kilometre stretch of NH-16 between Chandikhole and Bhadrak in Odisha. The bundle has been awarded to IRB Chandibhadra Tollway Pvt Ltd for 20 years. The company will operate and maintain this highway and collect toll as per government rules.

Earlier, the NHAI-backed Raajmarg Infra Investment Trust (RIIT) was listed on the Bombay Stock Exchange on March 24, 2026. RIIT has taken over five operational highway assets in Jharkhand, Tamil Nadu, Andhra Pradesh and Karnataka, with a total value of around ₹9,500 crore. The deal was funded through a mix of equity and debt.