“NHAI’S AMBITIOUS ₹20,000 CRORE HIGHWAY MONETIZATION PLAN FOR FY25”
Why in the news?
- NHAI plans to raise ₹20,000 crore through NHIT in FY25 via highway monetization, targeting a higher amount than the previous year’s ₹15,700 crore, focusing on InvITs and ToT routes.
- This move is part of NHAI’s strategy to monetize road assets, with identified stretches having a potential of ₹53,000-60,000 crore, contributing significantly to the National Monetisation Pipeline.
source:moneyworks
National Highways Authority of India (NHAI):
- Statutory Authority: Established under the National Highways Authority of India Act, 1998.
- Operational Date: Made operational in February 1995.
- Location: Headquartered in New Delhi, India.
- Infrastructure Development: Responsible for developing, maintaining, and managing National Highways in India.
- Administrative Control: Falls under the Ministry of Road Transport and Highways.
About Infrastructure Investment Trust (InvIT):
Associated Article: |