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NHAI Repays ₹56,000 Crore Loans Amid Decreased Capital Expenditure

share-iconPublished: Saturday, January 04 share-iconUpdated: Saturday, January 04 comment-icon3 months ago
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INDIATIMES
NHAI Repays ₹56,000 Crore Loans Amid Decreased Capital Expenditure

Credited from: INDIATIMES

  • NHAI has prepaid loans totaling ₹56,000 crore during the current fiscal year, with plans to further lower its debt by March.
  • A budget allocation of approximately ₹40,000 crore contributes to this decision, attributed to lower overall capital expenditure.
  • The organization's debt decreased from around ₹3.3 lakh crore at the beginning of April to an estimated ₹2.8 lakh crore.
  • Loan prepayment, including ₹15,700 crore from monetisation proceeds, will save interest costs of approximately ₹1,200 crore.
  • NHAI aims to raise ₹39,000 crore from monetisation efforts this fiscal year to continue paying down its loans.

More details can be found in the full article.

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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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