The National Highways Authority of India has accepted an offer worth ₹9,500 crore from the Raajmarg Infra Investment Trust for the monetisation of five operational highway stretches spanning more than 260 km across four states, marking another step forward in the government’s asset recycling strategy.
The monetised portfolio comprises the 80.52 km Gorhar-Barwa Adda section in Jharkhand, the 69.4 km Chilakaluripet-Vijayawada stretch in Andhra Pradesh, the 32.6 km Chennai Bypass, the 33 km Chennai-Tada section in Tamil Nadu, and the 44.6 km Neelmangla-Tumkur corridor in Karnataka.
NHAI Chairman Santosh Kumar Yadav said that through the Public Infrastructure Investment Trust, retail investors will gain the opportunity to earn stable returns from operational National Highway assets while also developing a sense of ownership in national infrastructure.
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The monetisation through a Public Infrastructure Investment Trust aligns with the government’s National Monetisation Pipeline, which seeks to unlock value from operational infrastructure assets while increasing private sector participation in infrastructure management.
Looking ahead, NHAI plans to provide additional highway assets of about 1,500 km to the trust over the next three to five years, signalling a sustained pipeline for InvIT-based monetisation.
The NHAI-sponsored trust is designed to unlock the value of mature national highway assets while creating a long-term investment instrument primarily targeted at retail and domestic investors.
The development represents a milestone in NHAI’s asset monetisation programme and reflects continued investor confidence in India’s operational road infrastructure portfolio.
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