Centre plans to raise up to Rs 45,000 cr through road monetisation in FY24

In 2021, the NITI Aayog had envisaged almost a fourth of centrally operated highways to be put up for monetisation

The Ministry of Road Transport and Highways, the highest contributor to the Rs 6 trillion National Monetisation Pipeline (NMP), is planning to raise up to Rs 45,000 crore through monetising national highways in 2023-24, a senior government official told Business Standard.

“The target for monetisation through toll-operate-transfer (ToT) is Rs 15,000 crore and through infrastructure investment trusts (InvITs) Rs 15,000 crore. The overall target is Rs 44,000-45,000 crore,” the official said.

While the target in accordance with the Union Budget is lower, the official said the Rs 45,000 crore aim was decided at a meeting with the NITI Aayog, and the ministry