The National Highways Authority of India (NHAI) has accepted an offer of ₹9,500 crore from Raajmarg Infra Investment Trust (RIIT) for the monetization of five national highway sections spanning approximately 260 kilometers across four states. This move marks a significant step in NHAI's asset monetization program and demonstrates continued investor confidence in India's road infrastructure.

The five national highway sections that RIIT will now manage include the 80.52-kilometer Gorhar–Barwa Adda section in Jharkhand, the 69.4-kilometer Chilakaluripet–Vijayawada section in Andhra Pradesh, the 32.6-kilometer Chennai Bypass, the 33-kilometer Chennai–Tada section in Tamil Nadu, and the 44.6-kilometer Neelmangla–Tumkur section in Karnataka.

Shri Santosh Kumar Yadav, Chairman of NHAI, commented that this Public InvIT would allow retail investors to gain stable returns from national highway assets, fostering a sense of ownership in national infrastructure development.

This monetization initiative aligns with the Government of India's National Monetisation Pipeline, which seeks to unlock value from operational infrastructure assets and increase private sector involvement in infrastructure management. The NHAI plans to transfer additional assets covering approximately 1,500 kilometers to RIIT over the next three to five years.

The NHAI-sponsored RIIT is designed as a long-term investment instrument, primarily targeting retail and domestic investors, while also monetizing national highway assets. RIIT aims to unlock the monetization potential of national highway assets while creating a high-quality, long-term investment instrument targeting retail and domestic investors. This initiative marks an important step in broadening public participation in the National Highway infrastructure growth story.