NHAI seeks to raise ₹1 lakh crore via asset monetisation in 5 years: Gadkari

The National Highways Authority of India (NHAI) is planning to raise ₹1 lakh crore through monetisation of highways under the toll-operate-transfer (TOT) mode in the next five years, Union Minister Nitin Gadkari said on Friday.

“NHAI intends to raise ₹1 lakh crore through the TOT plan of asset monetisation in the next five years. We are getting an excellent response and have got a lot of new models and pension funds besides investors from abroad,” Gadkari said during his address at the 25th Wharton India Economic Forum.

NHAI is authorised to monetise public-funded national highway projects, which are operational and are collecting toll for at least one year after the commercial operation, through the TOT model on a case-to-case basis.