Reverse repo rate to be reduced by 90 bp to 4 per cent amid the current COVID-19 crisis March 2020
In 2019, the sale of Sadbhav Engineering’s nine road projects to an InvIT backed by Canada Pension Plan Investment Board (CPPIB) for $993.5 million is known to have led the investment flow.
Of the total investments received in infrastructure, as reported, the energy sector received 31 per cent; power received 25 per cent and transport 24 per cent.
Further, infrastructure investment trusts (InviTs) also received a boost in the year – the sector saw the number going up to from just one in 2018 to eight in 2019. In fact, reports indicate that more infrastructure trusts are expected to be set up as investors are looking at InvITs as the preferred route for investments.