State-run NHAI has accepted an offer from the Raajmarg Infra Investment Trust (InvIT)amounting to ₹9,500 crore for the asset monetisation of five national highway sections spanning more than 260 kilometres across four states.
Notably, Raajmarg Infra Investment Trust has been established to unlock the monetisation potential of national highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors.
According to NHAI, the monetised assets include the 80.52-kilometre Gorhar–Barwa Adda section in Jharkhand, the 69.4-kilometre Chilakaluripet–Vijayawada section in Andhra Pradesh, the 32.6-kilometre Chennai Bypass, the 33-kilometre Chennai–Tada section in Tamil Nadu, and the 44.6-kilometre Nelmangala–Tumkur section in Karnataka.
“Through this public Infrastructure Investment Trust, retail investors will not only gain the opportunity to earn stable and attractive returns from operational national highway assets but will also develop a sense of ownership and pride in contributing to the growth of national infrastructure,” said NHAI Chairman Santosh Kumar Yadav.
Besides, the move is aligned with the Centre’s National Monetisation Pipeline objectives, which are aimed at unlocking value from operational infrastructure assets and enhancing private sector participation in infrastructure management.
In addition, NHAI plans to provide further assets of about 1,500 kilometres to the Raajmarg Infra Investment Trust over the next three to five years.
