NHAI's Public InvIT Wins Rs 9,500 Crore Bid for Five National Highway Assets

The National Highways Authority of India (NHAI) has accepted an offer worth Rs 9,500 crore from Raajmarg Infra Investment Trust (RIIT) for the monetization of five national highway sections spanning approximately 260 kilometers across four states.

The monetized assets comprise the 80.52-kilometer Gorhar–Barwa Adda section in Jharkhand, the 69.4-kilometer Chilakaluripet–Vijayawada section in Andhra Pradesh, the 32.6-kilometer Chennai Bypass, the 33-kilometer Chennai–Tada section in Tamil Nadu, and the 44.6-kilometer Neelmangla–Tumkur section in Karnataka.

Shri Santosh Kumar Yadav, Chairman of NHAI, stated that the Public Infrastructure Investment Trust (InvIT) would provide retail investors an opportunity to earn returns from operational national highway assets while fostering a sense of ownership in national infrastructure development.

The monetization initiative aligns with the Government of India's National Monetisation Pipeline, which seeks to unlock value from operational infrastructure assets and increase private sector involvement in infrastructure management. NHAI has indicated plans to transfer additional assets covering approximately 1,500 kilometers to RIIT over the next three to five years.

The NHAI-sponsored RIIT is designed to create a long-term investment instrument targeting retail and domestic investors while monetizing national highway assets. The development represents a milestone in NHAI's asset monetization program and reflects ongoing investor confidence in India's road infrastructure portfolio.