NHAI prepays Rs 56,000 cr to its lenders in FY25 to save Rs 1,200 cr interest

NEW DELHI: National Highways Authority of India (NHAI) has pre-paid loans of worth Rs 56,000 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 PTI that NHAI’s total debt at the beginning of the current fiscal year was pegged at Rs 3.35 lakh crore, which stood at about Rs 2.76 lakh crore at the end of third quarter of 2024-25 fiscal year.

He further said that around Rs 15,700 crore has been pre-paid from the InvIT monetisation proceeds, while Rs 40,000 crore prepayment of loan has been made to National Small Saving Fund (Rs 30,000 crore) and State Bank of India (Rs 10,000 crore), which charge high interest rates.