The National Highways Authority of India (NHAI) has accepted the offer of Raajmarg Infra Investment Trust (RIIT) of Rs 95 billion for the monetisation of five road assets spanning over 260 km across four states. The monetised assets include the 80.52-km-long Gorhar–Barwa Adda section in Jharkhand, the 69.4-km-long Chilakaluripet–Vijayawada section in Andhra Pradesh, the 32.6-km-long Chennai Bypass, the 33-km-long Chennai–Tada section in Tamil Nadu, and the 44.6-km-long Nelamangala–Tumakuru section in Karnataka.
Through this Public InvIT, retail investors will gain the opportunity to earn stable and attractive returns from operational national highway assets. Additionally, over the next three to five years, NHAI plans to add assets spanning about 1,500 km to RIIT.