{
National Highways Authority OF India

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}

NHAI to Launch Rs 1000 Crore Green Bonds for Eco-Friendly Initiatives

The National Highways Authority of India (NHAI) plans to issue green bonds worth Rs 1,000 crore to fund eco-friendly initiatives along the Delhi-Mumbai Expressway. The bond issue, set to launch in the second week of December 2024, will finance projects such as avenue and median plantation, animal underpasses, solar streetlights, waste recycling, and rainwater harvesting. NHAI Chairman Santosh Kumar Yadav emphasized that these bonds will promote investment in sustainable projects in the Roads & Highways sector, leading to long-term cost savings and reduced environmental impact.
Moneycontrol
Indian Rupee National Highways Authority OF India IND Santosh Kumar Yadav
Finance & Economy, Press Release
13:20 05.12.2024

NHAI plans significant asset monetisation to boost road development funding

The National Highways Authority of India (NHAI) plans to monetise INR 540 billion in road assets in FY2025, aiming to fund new projects amid budget constraints and rising debt. Increased FASTag collections are expected to enhance private sector participation, while asset monetisation will stimulate tendering for new road initiatives.
Moneycontrol
Indian Rupee National Highways Authority OF India IND
Finance & Economy, Market Report
05:47 25.10.2024
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