NHAI Cuts Debt by 27% in FY25, Achieves ₹90,634 Crore Reduction Through Asset Monetization

The National Highways Authority of India (NHAI) has successfully reduced its debt burden by 27%, bringing total liabilities down to ₹2.44 trillion in FY25, compared to ₹3.35 trillion in FY24. This significant reduction was achieved through aggressive asset monetization, a freeze on fresh borrowings, and substantial loan prepayments.

Key Debt Reduction Strategies:

• Total Debt Cut: ₹90,634 crore (↓27% YoY)
• Loan Prepayments: ₹74,507 crore, including ₹50,000 crore from the National Small Savings Fund (NSSF) and ₹36,000 crore in bank loans
• Highway Monetization: ₹28,724 crore raised through Infrastructure Investment Trust (InvIT) transactions
• Toll Revenue: ₹26,500 crore collected, supporting debt servicing

Infrastructure Growth & Future Outlook

Despite debt reduction efforts, NHAI exceeded its highway construction targets, completing 5,614 km against a planned 5,150 km. The authority also recorded its highest-ever infrastructure spending, surpassing ₹2.5 lakh crore, marking a 21% increase over FY24.

Government Strategy & Industry Impact

The debt reduction aligns with India’s broader infrastructure push, ensuring long-term financial sustainability while maintaining highway expansion momentum. Analysts expect continued toll revenue growth and further monetization initiatives to support NHAI’s fiscal health.

With record debt reduction and strong infrastructure growth, NHAI remains a key driver of India’s highway development strategy.