NHAI Reduces Debt by Rs 4,721 Crore

The National Highways Authority of India (NHAI) has reduced its debt by Rs 4,721 crore, bringing the total outstanding amount to Rs 2.39 lakh crore.

This follows a significant reduction of Rs 90,634 crore in the previous financial year.

The NHAI plans to further reduce debt through monetisation of highways using infrastructure investment trusts (InvITs).

The government has increased direct funding to the NHAI after stopping further debt raising.

The highest repayment obligation is expected in 2029-30, with Rs 26,861 crore worth of bonds maturing.

The NHAI's debt increased significantly after 2015-16 due to government expenditure on road infrastructure and the implementation of the Bharatmala Pariyojana scheme.