NHAI plans to issue bonds for financing highway projects

NHAI plans to issue bonds for financing highway projects in the country. It expects foreign and domestic players to invest in the construction of road and highway infrastructure, and raise funds worth Rs 4 trillion-Rs 5 trillion from the capital market. Further, it plans to raise Rs 100 billion by selling 10-year bonds at a coupon rate of 7.5 per cent. The MoRTH has also proposed to raise funds from retirees and provident fund beneficiaries by selling NHAI bonds.