This event shall be broadcasted from Shardul Amarchand Mangaldas’ Office, register online below
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EVENT MANAGER
NHAI’s debt reached a new high of Rs 3.17 trillion at the end of FY21, and revenues are estimated to have declined by 4 per cent last financial year to around.
As a result of this situation, The Ministry of Road Transport and Highways (MoRTH) is working on mechanisms to improve the balance sheet of the National Highways Authority of India, and also follow the target of expanding the highways network by 25,000 km by 2023.
In this GRI meeting, members will gather with NHAI and discuss the strategies to mitigate its debt, such as the implied sovereign support that serves as an indirect aid, the harnessing of non-debt capital through other sources like monetisation of operational highway stretches through toll-operate-transfer mechanisms and also development of the InvIT routes.
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