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India Lines Up 28 Highway Assets for FY27 Monetisation Worth Rs 35,000 Crore

The move signals faster asset recycling to fund new roads under the NMP 2.0 framework.

Overview

  • India plans to monetise 28 operational highway stretches covering over 1,800 km to raise about Rs 35,000 crore in FY27, according to reports published Monday.
  • The sale will use InvITs and toll‑operate‑transfer, which either pool roads into a trust or lease them to investors who earn from tolls, with recent rules opening the door to sovereign and pension funds for fresh road projects.
  • Haryana has the most shortlisted assets, followed by Uttar Pradesh, and this year’s pipeline includes two build‑operate‑transfer projects and seven EPC projects, with a tilt to hybrid annuity roads that carry lower construction risk for buyers.
  • The road ministry logged Rs 29,000 crore in monetisation receipts in FY26 after a first public InvIT raised over Rs 9,000 crore by selling stakes in five highway sections.
  • NMP 2.0 sets a Rs 4.42 lakh crore target for highways over FY26–FY30, with FY27 monetisation projected at Rs 68,770 crore.