New Delhi, December 2. The Government of India has identified 86 stretches of national highways with aggregate length of around 4,912 km for monetisation (collecting tolls),in the near future, said Minister for Road Transport and Highways, Nitin Gadkari in Lok Sabha today. The priority, mode of monetization, expected upfront realization amount and capital cost involved, shall be determined in accordance with the government norms, on the basis of project viability and market appetite prevalent at the time of bidding.
In addition, NHAI has identified the 5,500 km of national highway stretches for monetization during F.Y.2022-23; 7300 km of NH to be monetised in 2023-24 and 8400 km of NH to be monetised in the F.Y2024-2025:
During current Financial Year, National Highways Authority of India (NHAI) has monetized 390 km under Infrastructure Investment Trust (InvIT) Mode with a concession value of Rs.7350 Crore & CAPEX of Rs. 495 Crore. An additional length of 450 km has also been bid out through Toll Operate Transfer (TOT) mode in 3 bundles. However, reserve price is not to be disclosed as per the Government’s decision.