The National Highways Authority of India (NHAI) has launched a new asset monetisation cell with the ambitious goal of generating over ?500 billion in revenue by the end of the financial year 2024-25. This initiative is part of NHAI?s broader strategy to enhance financial stability and support the expansion of national highway infrastructure.

The newly formed cell will focus on identifying and leveraging NHAI's assets, such as toll roads, land parcels, and operational infrastructure, to attract private investment through various monetisation models. These models may include leasing, revenue-sharing agreements, and public-private partnerships.

NHAI?s Chairman, Alok Kumar Verma, highlighted that the asset monetisation strategy is crucial for accelerating highway development projects and improving road quality across the country. By monetising its assets, NHAI aims to secure funds for both ongoing and new infrastructure projects without relying solely on government allocations or loans.

The initiative is expected to bring about significant improvements in highway infrastructure by funding critical projects such as road widening, maintenance, and new construction. It will also provide an opportunity for private sector players to invest in and benefit from India?s expanding road network.

The asset monetisation cell will work closely with financial consultants and legal experts to ensure efficient execution of these plans. NHAI anticipates that this approach will enhance transparency, optimise asset utilisation, and contribute to the sustainable development of India?s road infrastructure.