The National Highways Authority of India (NHAI) completed 5,313 km of National Highways in the financial year 2025-26, surpassing the target of 4,640 km by 15%. The NHAI’s capital expenditure for NH infrastructure development in FY26 stood at Rs 2,44,362 crore, 2.5% higher than the Government Budgetary Support of Rs 2,38,384 crore.
The Ministry of Road Transport and Highways stated that the NHAI funded the additional Rs 5,978 crore, beyond the government’s support, through its own resources. During FY 2025-26, NHAI generated Rs 28,307 crore through Public InvIT, Private InvIT, and Toll-Operate-Transfer (TOT) models, including TOT Bundles 17 and 18.
NHAI is currently evaluating bids for TOT Bundle-19 and is on track to meet the government’s fiscal target of Rs 30,000 crore. Under the Infrastructure Investment Trust (InvIT) program, NHAI successfully monetized over 310 km of National Highways in InvIT Round-5, awarding NHIT Western Projects Private Ltd a concession fee of Rs 6,366.98 crore for 20 years.
The acquisition of these assets was funded through a mix of equity and debt, with the public issue oversubscribed nearly 14 times, indicating strong investor confidence in India’s infrastructure sector. NHAI reaffirmed its commitment to constructing top-notch national highway infrastructure, contributing significantly to the road sector’s growth and playing a crucial role in nation-building and the advancement of the Indian economy.
