The National Highways Authority of India (NHAI) has prepaid loans totaling Rs 560 billion in the current fiscal year, resulting in an interest cost savings of approximately Rs 12 billion.
At the start of FY 2024-25, NHAI’s total debt stood at Rs 3.35 trillion, which has now been reduced to around Rs 2.76 trillion by the end of Q3 FY 2024-25. Of the prepaid amount, Rs 157 billion came from Infrastructure Investment Trust (InvIT) monetisation proceeds. The remaining Rs 400 billion included loan prepayments to the National Small Savings Fund (Rs 300 billion) and the State Bank of India (Rs 100 billion), both of which carried high interest rates.