Bharat Road Network’s OSEPL Receives ₹3.84 Billion from NHAI, Boosting Infra Liquidity

In a significant financial development, Bharat Road Network Ltd (BRNL) announced that its subsidiary, Odisha Sun Times Expressway Pvt Ltd (OSEPL), has received ₹3.84 billion net of tax deducted at source (TDS) from the National Highways Authority of India (NHAI). The payment marks a crucial milestone in the company’s ongoing infrastructure monetization and dispute resolution efforts.

 

Key Highlights of the Transaction:

Why It Matters:

 

With infrastructure financing under pressure, timely payments from government bodies like NHAI are critical. This inflow not only stabilizes BRNL’s balance sheet but also signals smoother coordination between concessionaires and regulators.

 

Sources: BRNL Investor Portal, Moneycontrol, Screener.in, Economic Times Infrastructure Desk, NHAI Circulars Portal