NHAI debt at Rs 3.5 lakh crore

NHAI debt at Rs 3.5 lakh crore

The total outstanding debt of the National Highways Authority of India (NHAI) stood at around Rs 3.49 lakh crore as on March 31, 2022, Parliament was informed on Wednesday.

In a written reply to the Rajya Sabha, Road Transport and Highways Minister Nitin Gadkari said the fund required by NHAI for debt servicing in 2022-23, 2023-24 and 2024-25 will be Rs 31,282 crore, Rs 31,909 crore and Rs 5,523 crore respectively.

Gadkari said that the Monetization Plan for operational highway sections – which has the largest share of Rs 1.6 lakh crore in the total asset monetization plan of Rs 6 lakh crore over a period of 4 years i.e. FY22 to FY25, as per National Monetization Pipeline (NMP) announced recently In the center – includes 26,700 km of four-lane highways.

Till date NHAI has monetized 26 sections under toll-operate-transfer (TOT) and InvIT monetization modes.

According to the minister, the total budgetary outlay of the road ministry in BE 2022-23 is Rs 1,99,107.71 billion.

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