NHAI Finalizes 17 Highway Projects for Monetization in FY 2026-27

New Delhi, May 28, 2026: The National Highways Authority of India (NHAI) has finalized a tentative list of 17 National Highway stretches covering a combined length of 1,692.5 km for monetization during the financial year 2026-27 under the Toll-Operate-Transfer (TOT) and Infrastructure Investment Trust (InvIT) modes.

The proposed assets are spread across nine states — Haryana, Jharkhand, Karnataka, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, Bihar and Maharashtra. However, NHAI clarified that the list does not include projects proposed for monetization through the Raajmarg Infra Investment Trust (RIIT) during FY27.

The move is part of the Government of India’s broader asset monetization strategy aimed at unlocking value from operational National Highway assets to mobilize capital for future infrastructure expansion and modernization.

According to NHAI, the monetization exercise will help attract long-term institutional investment, enhance private sector participation and support innovative financing mechanisms for sustainable infrastructure development.

“The initiative would enable investors and bidders to plan their investments in an efficient manner,” NHAI said in its communication dated May 26, 2026.

Key Highway Corridors Identified

The tentative list includes economically significant and high-traffic highway corridors across the country. Among the major stretches identified are:

• Delhi/Haryana Border to Rohtak section of NH-9 in Haryana

• Hissar to Dabwali stretch of NH-9

• Hazaribagh-Barhi-Koderma corridor in Jharkhand

• Ranchi to Mahulia section of NH-43 and NH-18

• Bellary-Byrapura-Hiriyur stretch of NH-150A in Karnataka

• Hubli-Hospet section of NH-63

• Deoli-Kota and Kota-Baran stretches in Rajasthan

• Trichy-Madurai highway sections in Tamil Nadu

• Yadgiri-Warangal section of NH-163 in Telangana

• Aligarh-Kanpur corridor of NH-34 in Uttar Pradesh

• Varanasi-Birnon stretch of NH-29

• Aunta-Simaria-Khagaria section in Bihar

• Aurangabad-Karodi and Wardha-Buthibora corridors in Maharashtra

The identified assets include multiple four-lane highway stretches with established tolling infrastructure and robust traffic potential.

Monetization Through TOT and InvIT Models

NHAI said the monetization process will be carried out through transparent and structured mechanisms under the TOT and InvIT frameworks, both of which have emerged as successful models for raising capital from operational road assets.

Under the TOT model, private concessionaires acquire rights to operate and maintain highway stretches for a specified concession period in return for upfront payments to the authority. The InvIT route, meanwhile, allows institutional and retail investors to participate in infrastructure assets through trust-based investment structures.

The authority added that the final bundling of assets for monetization would be decided later by the competent authority.

NHAI said the initiative reinforces its commitment to building a modern, resilient and sustainable National Highway network to improve logistics efficiency, support economic growth and provide seamless connectivity across India.