Fitch affirms National Highways Authority of India

Fitch Ratings said it affirmed National Highways Authority of India's national long-term rating and long-term bonds at Fitch AAA(ind). The outlook is stable.

The ratings reflect the authority's very strong control from, and strategic linkages with, the Government of India, the agency said. Fitch expects the government to continue to support the authority through fuel cess and grants.

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