These road assets are spread across 12 states, cumulatively spanning nearly 2,750 km and with annual toll collections of Rs. 4,931 crore.
ICRA has projected that the Ministry of Road Transport and Highways (MoRTH) could reach around 71% of its monetisation target of Rs. 1.6 lakh crore that was planned under the National Monetisation Pipeline by the end of FY2025. This monetisation plan could translate into a Rs 38,000-43,000 crore lending opportunity for banks/ capital markets.
The NHAI intends to club the 33 identified assets into large (more than Rs 6,000 crore), medium (about 3,000- 4,000 crore) and smaller bundles (Rs 1,000-3,000 crore), for different types of investors.
