NHAI to pay off ₹1.88 lakh cr; pare debt by half until FY30
The authority will pare the debt using proceeds from toll receipts from the NH projects, revenue and premium received from the BOT projects, and asset monetisation and securitisation.
The authority will pare the debt using proceeds from toll receipts from the NH projects, revenue and premium received from the BOT projects, and asset monetisation and securitisation.
The story of infrastructure development in India, from Sher Shah Suri to the present day, is a testament to the dynamic and evolving nature of infrastructure
ICRA projects the toll collection growth to be 6%-9% in FY2024, primarily supported by a 4%-5% growth in traffic.
With the leverage level low at present, developers have headroom to borrow, which would keep their credit risk profiles stable, says CRISIL Research
NHAI has awarded 777 km of road projects in H1 FY23, which is a three year low and 60% lower than the highway length awarded in the same period last fiscal
Highway projects hit a speed bump in the first quarter of this fiscal, with awarding by the MoRTH, including the NHAI, falling a sharp 42% on-year to 969 km, says Crisil
Acquisition entails issue of certain units of Shrem InvIT to Dilip Buildcon and associates as consideration for acquisition, says CCI
Even though the project is in its terminal year, only 8,134 kms of project length has been constructed till now.
While transport ministry and NHAI are utilising budgetary funds really fast – in fact faster than other ministries – it is not appearing on the ground.