NHAI’s asset monetisation to fetch Rs. 35,000-40,000 crore in FY2026
Thematic Report
18 Sep 2025
PowerPoint Presentation
NHAI has a
healthy pipeline of identified assets totalling nearly 3,750 km for
monetisation as of March 31, 2025. Additionally, it has identified 24 assets in
FY2026 spanning 1,472 km across 12 states, further supporting its monetisation
plans.
The NHAI has
primarily adopted two modes for monetising its assets, i.e., TOT and InvIT. The
Authority has successfully raised Rs. 92,633 crore through the TOT and InvIT
routes till FY2025. While the TOT route accounted for 53% of the monetisation
by the NHAI during FY2019-FY2025, monetisation through InvIT was introduced in
FY2022 and its share has increased in the last two years.
The NHAI
started announcing the list of assets to be monetised on an annual basis from
FY2023. During FY2023- FY2025, NHAI announced a total of nearly 7,000 km for
monetisation, of which around 2,000 km has been monetised till date, and
another 1,170 km has been put on sale via TOT. Further, NHAI is yet to monetise
nearly 3,750 km, which was put out for sale during FY2023-FY2025.