NHAI Greenlights RIIT's ₹9,500 Crore Bid for 5 National Highway Sections

• NHAI approves Road Infra Investment Trust (RIIT) proposal to monetize 260 km of National Highways across four states for ₹9,500 crore.
• This initiative is part of the government's National Monetization Pipeline (NMP), aiming to fund new projects by monetizing existing assets.
• Asset monetization involves leasing operational government assets to private entities for a fixed period, retaining government ownership.
• RIIT invested ₹9,500 crore in high-traffic routes like Gorhar-Barwadda, Chilakaluripet-Vijayawada, Chennai Bypass, Chennai-Tada, and Nelamangala-Tumkur.
• RIIT's revenue sources include toll collection, inflation-linked toll rate increases, and income from additional services like petrol pumps and advertising.