NHAI Reduces Debt by ₹15,700 Cr Through Pre-payment

The National Highways Authority of India (NHAI) has made a major stride in reducing its debt by successfully pre-paying a bank loan of ₹15,700 crore. This early repayment is projected to save approximately ₹1,000 crore in interest. Consequently, NHAI's outstanding debt has now decreased to around ₹3,20,000 crore.

In line with the Government of India's directives, proceeds from Infrastructure Investment Trusts (InvITs) are designated for NHAI's debt repayment. The ₹15,700 crore used for the pre-payment was raised through InvIT in FY 2023-24. Looking ahead, NHAI plans to monetize projects worth ₹15,000 to 20,000 crore via InvIT during FY 2024-25, aiming to further reduce its debt to approximately ₹3,00,000 crore by the end of the fiscal year.