NHAI looks to pare debt via asset monetisation, higher toll income

The National Highways Authority of India (NHAI) has drawn up a plan to pare its debt, which stood at Rs 3.43 lakh crore at the end of March, through a mix of asset monetisation and improved toll income, officials said.

The NHAI did not borrow in 2022-23 after its budgetary allocation was raised to Rs 1.42 lakh crore and it was stopped from raising more debt. The highways builder has not borrowed in 2023-24 either, when it has been allocated Rs 1.62 lakh crore in the Union budget.