{"id":12162,"date":"2024-06-12T03:46:38","date_gmt":"2024-06-12T03:46:38","guid":{"rendered":"https:\/\/urbanacres.in\/?p=12162"},"modified":"2024-06-12T03:46:38","modified_gmt":"2024-06-12T03:46:38","slug":"nhai-targets-%e2%82%b920000-crore-via-invit-in-fy25","status":"publish","type":"post","link":"https:\/\/livzzy.in\/?p=12162","title":{"rendered":"NHAI Targets \u20b920,000 Crore via InVIT in FY25"},"content":{"rendered":"<p><strong>The National Highways Authority of India (NHAI) is set to significantly bolster its financial strategy by targeting the monetisation of highway assets worth \u20b920,000 crore through the National Highways Infra Trust (NHIT) in the current fiscal year.<\/strong><\/p>\n<p>This initiative forms a crucial part of the National Monetisation Pipeline (NMP) for 2024-25, as the authority seeks to leverage alternate investment vehicles that are gaining wider acceptance. According to an official statement, NHAI plans to monetise projects valued between \u20b915,000 crore and \u20b920,000 crore through NHIT this fiscal year. This ambitious target surpasses the \u20b915,700 crore raised in the previous financial year, during which NHAI successfully monetised ten highway stretches.<\/p>\n<p>The NHIT, in which NHAI holds a 16% stake, also counts prominent investors such as the Ontario Teachers\u2019 Pension Plan and the Canada Pension Plan Investment Board, each with a 25% stake. Insurance companies and mutual funds hold an additional 9.86% of the units. For the entire year, NHAI aims to generate approximately \u20b954,000 crore through the monetisation of functional road assets. This total includes revenue from both Infrastructure Investment Trust (InVIT) and Toll Operate Transfer (ToT) models, as well as project-based financing. If achieved, this would represent the highest annual revenue from asset monetisation in the authority\u2019s history.<\/p>\n<p>To reach this target, NHAI has identified 33 highway stretches, spanning a total length of 2,741 kilometres, for potential monetisation in FY25. According to ratings agency ICRA, these assets have a combined monetisation potential of \u20b953,000 crore to \u20b960,000 crore. However, NHAI officials have adopted a conservative target, recognising that not all identified assets may be monetised within the year. NHAI plans to categorise these assets into three bundles: large (exceeding \u20b96,000 crore), medium (approximately \u20b93,000-\u20b94,000 crore), and small (\u20b91,000-\u20b93,000 crore), tailoring offerings to different investor types.<\/p>\n<p>The recently concluded financial year marked a milestone for NHAI, with the highest revenue since the inception of its monetisation programme, raising a record \u20b938,334 crore through ToT, InVIT, and project-based financing.<\/p>\n<p>Under the NMP, the road sector is expected to contribute \u20b91.6 lakh crore, or 27%, of the total monetisation target for FY2022-FY2025. By the end of FY24, NHAI, in collaboration with the Ministry of Road Transport and Highways, had realised approximately \u20b953,541 crore through ToT and InVIT models. Since the highway monetisation programme began in 2018-19, NHAI has successfully raised \u20b91.08 lakh crore through asset recycling. As NHAI continues its strategic efforts to enhance infrastructure financing, the planned monetisation drive for FY25 is poised to further solidify its position as a key player in India\u2019s infrastructure development landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Highways Authority of India (NHAI) is set to significantly bolster its financial strategy by targeting the monetisation of<\/p>\n","protected":false},"author":1,"featured_media":12163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19579,19655,19580],"tags":[],"class_list":["post-12162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infrastructure","category-latest","category-news"],"_links":{"self":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts\/12162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12162"}],"version-history":[{"count":0,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/posts\/12162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=\/wp\/v2\/media\/12163"}],"wp:attachment":[{"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/livzzy.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}