NHAI's Road Assets Monetisation Surges: ICRA Predicts ₹53,000 – 60,000 Crore Potential
In a bullish forecast,
ICRA predicts NHAI's monetisation of 33 road assets could yield ₹53,000 –
60,000 crore through TOT/InvIT mode, offering a lending opportunity of
₹38,000-43,000 crore. NHAI aims to group assets into large, medium, and smaller
bundles, enticing diverse investors. With past valuations ranging from 0.44 to
0.93 times, NHAI's strategy targets up to 71% of its ₹1.6 lakh crore NMP target
by FY2025. This ambitious move could reshape India's infrastructure landscape,
driving significant investments from banks and capital markets.