NHAI Prepays Rs 56k-Cr Loans In FY25

New Delhi: National Highways Authority of India (NHAI) has pre-paid loans of worth Rs56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around Rs 1,200 crore, a senior government official said on Sunday.

The official told that NHAI’s total debt at the beginning of the current fiscal year was pegged at Rs3.35 lakh crore, which stood at about Rs2.76 lakh crore at the end of third quarter of 2024-25 fiscal year.

He further said that around Rs15,700 crore has been pre-paid from the InvIT monetisation proceeds, while Rs40,000 crore prepayment of loan has been made to National Small Saving Fund (Rs30,000 cr) and State Bank of India (Rs10,000 cr), which charge high interest rates.

“NHAI is successfully reducing its debt liability,” the official added. Finance Minister Nirmala Sitharaman in her last year’s budget had retained the allocation to NHAI at Rs1.68 lakh crore for 2024-25.