Rating company ICRA on Thursday stated state-owned NHAI’s focused asset monetisation of road assets may fetch the government up to ₹60,000 crore within the present fiscal 12 months.
In April 2024, the National Highways Authority of India (NHAI) had launched an indicative checklist of 33 road assets it plans to monetise in FY2025, by a mixture of toll-operate-transfer (TOT) and sale to the NHAI’s Infrastructure Investment Trust (InvIT).
These assets are unfold throughout 12 states, cumulatively spanning practically 2,750 km and with an annual toll assortment of ₹4,931 crore.
“ICRA estimates a monetisation potential of ₹53,000 crore to ₹60,000 crore from the sale of 33 road assets through TOT/ InvIT mode,” it stated.
NHAI intends to membership the 33 recognized assets into massive (greater than ₹6,000 crore), medium (about ₹3,000 crore – ₹4,000 crore) and smaller bundles (₹1,000-3,000 crore), for various kinds of traders.
Under the government’s National Monetisation Pipeline (NMP), road sector monetisation was anticipated to account for ₹1.6 lakh crore, viz. 27% of complete monetisation throughout FY2022-FY2025.
“In case the identified 33 assets garner the estimated ₹53,000 crore – ₹60,000 crore of monetisation in FY2025, the achievement against the NMP target could end-up between 65 per cent to 71%,” ICRA stated.
