NHAI to increase size of InvIT to Rs.150 bn
01 Jul 2021
The National Highways Authority of India (NHAI) is planning to expand the size of its proposed Infrastructure Investment Trust (InvIT), which could raise up to Rs.150 bn, in two rounds. NHAI plans to sell about 32 more operational road assets spanning 1,500 km as part of the government's monetisation programme, as well as upcoming toll-operate-transfer (TOT) projects. After a sharp drop in toll collections due to lockdowns during the second Covid wave, NHAI's plan to launch its InvIT by May was postponed.
Contact: National Highways Authority of India.
Website: www.nhai.gov.in
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