NHIT Achieves Historic Monetization in Indian Roads Sector

National Highways Infra Trust (NHIT) raised Rs 18,380 crore in the fourth monetization round, bringing the total to over Rs 46,000 crore. The funds will acquire highway stretches across India. A landmark Rs 2,035 crore investment by EPFO marks its first venture into an InvIT.

In a landmark financial maneuver, the National Highways Infra Trust (NHIT) has raised Rs 18,380 crore through monetization in its fourth round. According to the Ministry of Road Transport & Highways, this raises the total realized value from all rounds to over Rs 46,000 crore, marking it as the largest transaction in the history of the Indian roads sector.

This round saw substantial investments, including Rs 8,340 crore from marquee domestic and international investors and Rs 10,040 crore in debt from domestic lenders. The funds will be used to acquire crucial National Highway stretches across various states including Andhra Pradesh and Gujarat, totaling a concession value of Rs 17,738 crore.

A significant development was the maiden investment of Rs 2,035 crore by the Employees' Provident Fund Organisation (EPFO) in an InvIT. NHIT now boasts a diversified portfolio of 26 toll roads spanning 2,345 km, enhancing its strategic infrastructure hold across India.

(With inputs from agencies.)