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NHAI's Raajmarg InvIT Secures Top AAA Rating, Boosting India's Infrastructure Investment

The National Highways Authority of India's Raajmarg Infra Investment Trust has been assigned a AAA rating with a 'Stable' outlook by CARE Ratings, reflecting its exceptional creditworthiness and low default risk. This top-tier rating strengthens RIIT's appeal as a secure, long-term investment instrument, particularly for retail and domestic investors. The rating draws significant strength from NHAI's proven expertise and its large-scale highway asset monetization program, which has already unlocked around Rs 1.43 lakh crore. This Public InvIT marks a strategic step to broaden public participation in funding India's critical national highway infrastructure growth.

Key Points: NHAI's Raajmarg InvIT Gets AAA Rating: A Secure Investment for Highways

  • AAA rating ensures high safety for investors
  • Backed by NHAI's strong track record
  • Part of Rs 1.43 lakh crore asset monetization
  • Aims to attract retail and domestic participation
2 min read

NHAI's Raajmarg Infra Investment Trust receives AAA rating with 'Stable' outlook

NHAI's Raajmarg Infra Investment Trust receives AAA (Stable) rating from CARE, highlighting low-risk debt for India's highway monetization and public investors.

NHAI's Raajmarg Infra Investment Trust receives AAA rating with 'Stable' outlook
"This milestone reinforces RIIT's position as a robust, investor-friendly platform supporting India's infrastructure growth. – Ministry of Road Transport and Highways"

New Delhi, Jan 2

The National Highways Authority of India on Friday said that its Infrastructure Investment Trust -- Raajmarg Infra Investment Trust -- has received AAA rating for long-term bank facilities by CARE Ratings Limited.

The top-tier rating underscores the high degree of safety and reliability offered by RIIT's debt instruments, making it among the most secure investment options available to investors.

"This milestone reinforces RIIT's position as a robust, investor-friendly platform supporting India's infrastructure growth and sustainable capital formation," said the ministry.

The AAA (Stable) rating represents the highest possible creditworthiness, reflecting RIIT's strong financial health and an extremely low risk of default on debt.

The 'Stable' outlook indicates that the rating is expected to remain unchanged in the near to medium term.

CARE Ratings highlighted that the rating draws significant strength from the experience, credibility, and proven track record of RIIT's sponsor, NHAI in the roads and highways sector.

The strategic importance of NHAI's asset monetization programme was also a key consideration.

To date, NHAI has successfully monetized road assets of around Rs 1.43 lakh crore.

Raajmarg Infra Investment Trust (RIIT) recently received approval from the Securities and Exchange Board of India (SEBI) as an Infrastructure Investment Trust (InvIT).

The Public InvIT aims to unlock monetization potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors.

The initiative marks an important step in broadening public participation in the National Highway infrastructure growth story.

According to Ministry of Road Transport and Highways, the Public InvIT aims to unlock monetisation potential of the National Highway assets while creating a high-quality, long-term investment instrument primarily targeting retail and domestic investors.

- IANS

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Reader Comments

S
Sarah B
As someone who follows infrastructure finance, this is a significant step. Monetizing assets through InvITs is a smart way to recycle capital for new projects. The 'Stable' outlook is crucial for attracting long-term institutional money.
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Rohit P
Good news, but I hope the returns are decent for retail investors. Sometimes these "safe" instruments offer very low yields. Will wait for the offer document to see the details before committing any funds.
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Priya S
Finally! A government-backed investment option with a top rating. My parents have been looking for stable, long-term options beyond FDs and PPF. This seems perfect for their retirement portfolio. Bharat ke sadkon mein paisa lagana accha lag raha hai! 🛣️
K
Karthik V
The concept is excellent, but execution is key. NHAI's track record is strong, but as a respectful criticism, I hope the distribution of profits (dividends) to unit holders is smooth and transparent. Past experiences with some InvITs have been mixed on that front.
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Michael C
Rs 1.43 lakh crore already monetized is a staggering number. This shows serious scale. If this Public InvIT is successful, it could become a model for other infrastructure sectors like railways and power. A promising financial instrument for India's growth story.

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