The National Highways Infrastructure Trust (NHIT) will raise Rs 150 billion through a combination of debt and equity within the next two months. The funds will be utilised to acquire new assets under the infrastructure investment trust (InvIT). The debt component will be sourced from banks and financial institutions. Additionally, NHIT plans to explore raising Rs 5-10 billion through zero-coupon bonds.
This marks the fourth round of monetisation under the National Highways Authority of India (NHAI) InvIT, involving 12 road assets spanning a total length of over 850 km. Half of these stretches are located in Andhra Pradesh, with the remaining distributed across Chhattisgarh with two stretches, Uttar Pradesh, Rajasthan, Uttarakhand, and Gujarat, one each.