NHAI to Monetize 1,692 km Roads in 9 States via TOT and InvITs

The National Highways Authority of India has announced plans to monetize 1,692.5 kilometers of operational highways across nine states through structured financial instruments during 2026-27. The corridors, spanning Haryana, Jharkhand, Karnataka, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Bihar, and Maharashtra, represent vital economic and logistics routes with strong revenue potential. Monetization will be carried out under the Toll-Operate-Transfer model and through Infrastructure Investment Trusts, both of which have established track records in attracting institutional funds. These mechanisms enable the government to unlock capital from existing assets while transferring operational responsibilities to experienced private operators. Importantly, the list does not include stretches already proposed for monetization under the Highway Infrastructure Investment Trust, ensuring a clean pipeline. The initiative supports the government’s asset monetization strategy that focuses on raising resources for future highway development, encouraging private participation, and expediting network modernization. By announcing the assets well in advance, authorities aim to facilitate better investment planning and competitive bidding. The program is viewed as a key step in sustaining India’s ambitious road infrastructure expansion without increasing the fiscal deficit.