NHPC to monetise 10 projects to generate funds

16 Sep 2019 CW Staff

As reported, in tune with India’s enterprising infrastructure goals, the state-run public sector units (PSUs) are seeking out means to garner funds, which include tapping the infrastructure investment trust (InvIT).

Hydropower giant NHPC, the first firm to take up the idea, is planning to leverage InvITs to monetise around 10 of its 22 projects.

InvITs are essentially, trusts that handle all infrastructure assets that can generate income, usually providing investors with regular yield and a liquid method of investing in projects.

To take this forward, NHPC is set to appoint an advisor in order to fully understand the feasibility of all asset monetisation options for hydropower projects. The consultant will list out all possible routes and will also conduct a cost-benefit analysis of various schemes.

In her maiden budget, Finance Minister Nirmala Sitharaman has increased the divestment target from Rs 900 billion to Rs 1.5 trillion for the current fiscal year, with a special focus on consolidating PSUs and strategic disinvestment. All proceeds from the disinvestment will aid the Centre to boost India’s infrastructure by investing around Rs 100 trillion in the next five years.

The National Highways Authority of India (NHAI) is also looking at generating funds of around Rs 850 billion through InvITs and the toll-operate-transfer (ToT) model.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..