NHAI Identifies 17 Highway Assets Across 9 States for Monetisation in FY27
The National Highways Authority of India (NHAI) has identified 17 highway assets spanning over 1,692 km across 9 states for monetisation in FY 2026-27. Monetisation will use the Toll-Operate-Transfer (ToT) model and Infrastructure Investment Trust (InvIT) routes. The exercise is part of the National Monetisation Pipeline (NMP) to attract private investment for new highway construction.
Key Facts & Details
9 points- 1NHAI identifies 17 highway assets for monetisation in FY27
- 2Total length: 1,692 km across 9 states
- 3Modes used: Toll-Operate-Transfer (ToT) and InvIT
- 4Part of National Monetisation Pipeline (NMP)
Deep Dive
- +National Monetisation Pipeline (NMP) was launched in August 2021
- +NMP target: ₹6 lakh crore monetisation between FY22 and FY25
- +NHAI was incorporated under the NHAI Act, 1988
- +ToT model: long-term concession (15-30 years) to operate and toll an existing highway
- +InvITs are pooled investment vehicles that own income-generating infrastructure assets, regulated by SEBI
Exam Focus
Likely MCQ: National Monetisation Pipeline (NMP) was launched in which year? → Answer: 2021
Related Topics
Exam Relevance & Angle
NHAI, ToT/InvITs and asset monetisation are repeat banking-awareness topics for SBI PO, IBPS PO and RBI Grade B.
Target Exams
Background & Context
The National Monetisation Pipeline (NMP) was launched on 23 August 2021 by the NITI Aayog along with the Ministry of Finance. It targets monetisation of brownfield infrastructure assets worth ₹6 lakh crore between FY22 and FY25.
Key monetisation modes used:
• Toll-Operate-Transfer (ToT) — concession granted to private operator (15-30 years) to operate, maintain and collect tolls on an existing highway in exchange for an upfront payment
• Infrastructure Investment Trusts (InvITs) — pooled investment vehicles, regulated by SEBI under the InvIT Regulations, 2014, that own income-generating infrastructure assets and pay returns to unit-holders
• Real Estate Investment Trusts (REITs) — similar but for real-estate assets
The National Highways Authority of India (NHAI), set up under the NHAI Act, 1988, is the executing agency for India's National Highways. Nitin Gadkari is the Union Minister for Road Transport and Highways.
Related GK Concepts
Must KnowTest Yourself
1 / 3The National Monetisation Pipeline (NMP) was launched in which year?
This topic is important for: