MoRTH looks at record ₹60,000 crore monetization in FY25
₹60,000 crore from monetization in the current fiscal, two people aware of the matter said. While the marque toll-operate-transfer (TOT) highways will form a large portion of the exercise, a third of this money is likely to come from the NHAI InvIT, and private InvITs that may be directly offered road projects for the first time this year, one of the two persons quoted above said. The higher monetization in FY25 is expected to maintain the momentum gained in last fiscal when for the first time a sum of ₹38,334 crore was mobilised from ToT, InvIT and project-based financing.
This was a growth of over 64% over the FY23 figure of ₹23,336 crore. Under the national monetization pipeline, road and highways have been given the highest target of monetizing core assets worth ₹1.6 trillion by FY25. MoRTH had already monetized assets worth ₹1.08 trillion since FY19 and is looking at adding another over ₹60,000 in FY25 to achieve its target.
“While MoRTH may achieve ₹1.6 trillion monetization target, its achievement should be viewed from FY22 onwards when the national monetization pipeline was created and targets were set for the next four years upto FY25 for all infra-focused ministries. Since FY22, the monetization of MoRTH is worth ₹84,000 crore. So, more would be needs this fiscal to achieve the target," said a former official of the National Highway Authority of India (NHAI) on condition of anonymity.
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