NHAI targets ₹40,000 cr via monetisation in FY26

IRB’s ₹9,200 cr top bid for first TOT asset this year

- MUKESH JAGOTA

INTHE FIRST instance of highway monetisation during the current financial year, IRB Infrastructure is learnt to have emerged as the highest bidder for an operational asset being monetised through Toll Operate Transfer (TOT) mode.

The company has put ina bid worth %9,200 crore for 333.4-km long highway networkin Uttar Pradesh, sources privy to the development said.

This marks a revival of investor interest in operational highways, especially those with high revenue potential.

The financial bids for the Uttar Pradesh highway bundle were opened earlier this week. The final approval of the bid will follow multiple layers of scrutiny.