National Highway Monetisation

Centre monetised Rs 3.85 trn worth of assets as part of NMP since FY22

Vaishnaw has in the past said on the question of monetisation that railways is a public good and decisions would only be taken keeping the larger good of the masses in mind

IHMCL removes PPBL's name from list of banks authorised to issue FASTag

Indian Highways Management Company Ltd (IHMCL), toll collecting arm of state-owned NHAI, has advised highway users to buy FASTags from 32 authorised banks sans Paytm Payments Bank for hassle-free travel. In a post on X, IHMCL said for hassle-free travel, buy your FASTag from 32 authorised banks. The 32 authorised banks include Airtel Payments Bank, Allahabad Bank, Bank of Baroda, HDFC Bank, ICICI Bank, IDBI Bank, Punjab National Bank, State Bank of India, and Yes Bank, among others. On January 31, the Reserve Bank directed Paytm Payments Bank (PPBL) to stop accepting deposits or top-ups in any customer accounts, wallets, FASTTags and other instruments after February 29. However, any interest, cashbacks, or refunds may be credited back to customers anytime. The direction followed persistent non-compliances and continued material supervisory concerns, the central bank had said in a statement. IHMCL has said it is encouraging FASTag users to complete the 'Know Your Customer' (KYC) .

Total value of asset monetisation in national highways hits Rs 1 trn mark

NHAI raises Rs 15,624 crore through InvIT

Gadkari shifts focus: InvITs prevail over TOT for highway monetisation

Aiming to bid out Rs2 trn BOT projects before MCC kicks in

Nearly 50,000 km of national highways added in 9 years, shows govt data

Prime Minister Narendra Modi's push for an infrastructure upgrade to boost the economy has led to an unprecedented 50,000 kilometres of National Highways - the country's arteries - being added in the last 9 years, according to official data. India had a total of 97,830 km of National Highways in 2014-15 which has been expanded to 145,155 km by March 2023. From building 12.1 km per day of roads in 2014-15, the nation is seeing 28.6 km of roads being constructed every day in 2021-22, according to the official data. Roads and highways play a crucial role in a nation's economy. Road transport is the basis of not only economic development but also social development, defence sectors, and access to basic things for life. According to a report, about 85 per cent of passenger and 70 per cent of goods traffic is carried by roads every year, this gives us an idea of its importance. India has about 63.73 lakh km of the road network, which is the second largest in the world. National Highways

A quick report card of govt's infra asset monetisation initiative

While govt has earned about 16% road and power transmission assets against an expected run rate of Rs 88,190 cr in FY22, progress in most other areas has been slow

A question of overreach

Adani Ports' selective shipment ban oversteps its mandate

The big infra plan: Under-construction NHs to be leased once operational

The total indicative monetisation value of assets considered for monetisation is estimated at Rs 1.6 trillion from FY22 to FY25

Monetisation drive: Holdco for infra assets divides policymakers

A similar proposal is being considered for other infrastructure assets with other government departments

Monetisation lessons from NHAI

Its recent experience offers crucial insights into what makes an asset monetisation exercise successful

Covid-19: NHAI's asset monetization to take a hit, InvITs face delays

NHAI invited bids for the fourth TOT contract in October 2019 and expected to raise over Rs 4,000 crore by offering a total of 7 road stretches, with a cumulative length of 400 km

Govt looking for more revenue from highways, NITI suggests measures

NITI Aayog has been working with the NHAI to ensure an improvement in financial sustainability and project viability, said an official

Govt eyes $3 bn by monetising 25 national highways' stretches in 3 tranches

Road Transport and Highways Minister Nitin Gadkari had said earlier that government will monetise 105 highway projects in phases that could fetch about Rs 1.5 trillion