33 routes will be made profitable by NHAI via “toll operate transfer,” InvIT

The government-owned National Highways Authority of India (NHAI) has designated 33 highway segments totaling 2,741 kilometers for revenue generation in the current fiscal year using the infrastructure investment trust (InvIT) and toll-operated transfer (TOT) models.

The sections that have been identified are the following: Odisha’s Panikoili-Rimuli, Tamil Nadu’s Chennai bypass, Uttar Pradesh’s Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur; Rajasthan’s Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh; and Bihar’s Muzaffarpur-Darbhanga-Purnia highway.

“ToT/InvIT modes would be used to monetarily support the asset.”The NHAI said that it would have the authority to examine and modify the aforementioned list and revenue-generating methods. NHAI collected Rs 40,314 crore in 2023–24 using a variety of asset monetization methods, exceeding its objective of Rs 28,868 crore. The asset monetisation of NHAI has already exceeded Rs 1 lakh crore.

Through a variety of asset monetization strategies, the Ministry of Road, Transport, and Highways (MoRTH) was able to generate Rs 32,855 crore in 2022–2023. At the moment, MoRTH uses the Infrastructure Investment Trust (InvIT), project-based finance, and the toll-operate-transfer (TOT) model to generate revenue from its assets.

An instrument called InvIT, which follows the mutual fund model, is intended to combine investor capital and make long-term investments in assets that generate cash flows. — PTI

made a total of Rs 40,314 crore in the previous fiscal

NHAI exceeded its objective of Rs 28,868 crore in 2023–24 by raising Rs 40,314 crore using a variety of asset monetization methods.
Asset monetization for NHAI has surpassed Rs 1 lakh crore so far. In 2022–2023, the Ministry of Road, Transport, and Highways collected Rs 32,855 crore using a variety of asset monetization strategies.