NHAI sets Rs.200 bn monetisation target in FY23
ROADS & HIGHWAYS

NHAI sets Rs.200 bn monetisation target in FY23

Despite continuous economic uncertainty and geopolitical turmoil, the National Highways Authority of India (NHAI) is hopeful about attaining its asset monetisation target of  Rs.200 bn this fiscal. Infrastructure Investment Trust (InVIT) and toll-operate-transfer routes will be used to rai...

Despite continuous economic uncertainty and geopolitical turmoil, the National Highways Authority of India (NHAI) is hopeful about attaining its asset monetisation target of  Rs.200 bn this fiscal. Infrastructure Investment Trust (InVIT) and toll-operate-transfer routes will be used to raise funds for the national road infrastructure development entity. Through the first tranche of InVIT, NHAI raised Rs.80 bn for five projects totaling 400 km in the previous fiscal year. InVITs are collective investment vehicles that allow investors to make direct monetary investments in infrastructure projects in exchange for a small percentage of income. Contact: National Highways Authority of India Tel: 011-2507 4100Website: www.nhai.gov.in

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram