New Delhi: The National Highways Authority of India (NHAI) has introduced a new corporate identity with the launch of a logo for its infrastructure investment trust, National Highways Infra Trust (NHIT). The new logo, symbolizing ‘Agility’ and ‘Progress,’ marks a significant milestone in NHIT’s evolution. It aims to enhance NHIT’s brand visibility among various stakeholders and align its image with its core values: Accountability, Agility, Continuous Learning, Excellence, Integrity, and Collaboration.
NHAI Chairman Shri Santosh Kumar Yadav unveiled the new logo at the NHAI headquarters in New Delhi yesterday, in the presence of senior officials from both NHAI and NHIT.
Registered as a trust with SEBI in October 2020, NHIT was established to support the Government of India’s National Monetization Pipeline (NMP). To date, NHIT has completed three rounds of monetization, realizing a total value of Rs. 26,125 crore.
NHIT has a diverse investor base, comprising 190 investors and over 12,000 retail bondholders of its Non-Convertible Debentures. It manages a diversified portfolio of fifteen toll roads with an aggregate length of approximately 1,525 kilometers, spanning nine states: Assam, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, Uttar Pradesh, and West Bengal.
Initially, NHIT units were issued at Rs. 101 per unit in November 2021 and listed on both the BSE and the NSE. As of March 31, 2024, the Net Asset Value (NAV) of NHIT stands at Rs. 124.75 per unit. For the fiscal year 2024-25, NHAI plans to monetize projects worth Rs. 15,000 – 20,000 crore through NHIT under the NMP.