Monetisation of assets helps NHAI pare debt

National Highways Authority of India prepaid loans of over Rs 1.2 lakh crore since March 2022 through accelerated asset monetisation.

NHAI's debt reduced from an all-time high of Rs 3.5 lakh crore in 2021-22 to just under Rs 2 lakh crore.

NHAI has not borrowed directly from the market since 2022-23; the Centre includes its borrowings as part of government capex.

Asset monetisation reached a record high of Rs 41,079 crore in FY24, and NHAI aims to raise Rs 30,000 crore in the current fiscal year.

Since 2018-19, NHAI raised Rs 63,911 crore from Toll-Operate-Transfer model and Rs 59,588 crore from Infrastructure Investment Trust for 2,913 km.