Nirmala Sitharaman launches National Monetisation Pipeline

23 Aug 2021 CW Team

Nirmala Sitharaman, Minister of Finance, announced the launch of the National Monetisation Pipeline (NMP) on August 23.

According to a statement, the NMP programme has a four-year pipeline of the government's brownfield infrastructure assets. NMP will provide visibility to the visitors, and it will serve as a medium-term roadmap for asset monetisation. The pipeline has been prepared through consultation with Niti Aayog, a public policy think tank of the government.

It is a part of the Budget of FY22. The ministry said that the asset monetisation initiative of the public assets is an important financing option for new infrastructure construction. To provide visibility to the investors, an asset monetisation dashboard would be created to track the progress.

She mentioned some vital measures in monetisation. It includes InvIT (Infrastructure Investment Trust), sponsored by the National Highways Authority of India (NHAI) and Power Grid Corporation of India Ltd (PGCIL), which will attract national and international institutional investors. Five operational roads of around Rs 5,000 crore have been transferred to NHAI InvIT. Similarly, assets worth Rs 7,000 crore have been transferred to PGCIL InvIT.

As per the Ministry, the Indian Railways will monetise assets of the Dedicated Freight Corridors for operations and maintenance (O&M) after commissioning. Next, the airports will be monetised for O&M concession.

Other infrastructure assets to be rolled out under the Asset Monetisation Programme include operational toll roads of NHAI, PGCIL's transmission assets, oil and gas pipeline of the Gas Authority of India (GAIL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL), Airports Authority of India (AAI) airports in Tier-II and Tier-III cities, railways infrastructure assets, and warehousing assets of Central Public Sector Enterprises (CPSEs).

Image Source

Also read: Government prepares one stop portal for asset monetisation

Nirmala Sitharaman, Minister of Finance, announced the launch of the National Monetisation Pipeline (NMP) on August 23. According to a statement, the NMP programme has a four-year pipeline of the government's brownfield infrastructure assets. NMP will provide visibility to the visitors, and it will serve as a medium-term roadmap for asset monetisation. The pipeline has been prepared through consultation with Niti Aayog, a public policy think tank of the government. It is a part of the Budget of FY22. The ministry said that the asset monetisation initiative of the public assets is an important financing option for new infrastructure construction. To provide visibility to the investors, an asset monetisation dashboard would be created to track the progress. She mentioned some vital measures in monetisation. It includes InvIT (Infrastructure Investment Trust), sponsored by the National Highways Authority of India (NHAI) and Power Grid Corporation of India Ltd (PGCIL), which will attract national and international institutional investors. Five operational roads of around Rs 5,000 crore have been transferred to NHAI InvIT. Similarly, assets worth Rs 7,000 crore have been transferred to PGCIL InvIT. As per the Ministry, the Indian Railways will monetise assets of the Dedicated Freight Corridors for operations and maintenance (O&M) after commissioning. Next, the airports will be monetised for O&M concession. Other infrastructure assets to be rolled out under the Asset Monetisation Programme include operational toll roads of NHAI, PGCIL's transmission assets, oil and gas pipeline of the Gas Authority of India (GAIL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL), Airports Authority of India (AAI) airports in Tier-II and Tier-III cities, railways infrastructure assets, and warehousing assets of Central Public Sector Enterprises (CPSEs). Image Source Also read: Government prepares one stop portal for asset monetisation

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Infrastructure Energy

06 Oct 2025

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Infrastructure Energy

06 Oct 2025

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..