Bonds issued by NHAI InvIT to mature every 15 days and yield 8.5%

08 Feb 2023 CW Team

Nitin Gadkari, Union Minister for Road, Transport, and Highways, announced that the ministry intends to periodically release bonds issued by the National Highways Infra Trust (NHAI InvIT) with interest rates as high as 8.5 %.

Gadkari that the government had published the bond for the InvIT model at the stock exchange.

The government introduced the bond for InvIT model at the Bombay Stock Exchange one and a half months ago. The bond was actually set for 10 days. But on the first day, it received seven times as many applications in just seven hours. Additionally, we are already paying an annual interest rate of 8.5% on our bond.

There is a plan whereby, even if they can invest only 10,000 yen in this bond, government will monthly deposit the interest into their account.

Gakari stated that the interest rate on NHAI InvIT bonds is greater and that salaried individuals and pensioners can invest in them.

"We don't have any issues with foreign investment. Investment in India is highly desired by all foreign financial institutions "added Gadkari.

Infrastructure Investment Trusts (InvITs) are financial vehicles that follow the model of mutual funds. They are created to pool investor capital and invest in assets that will generate cash flows over time. Road toll or power project investments are made by InvITs.

Also read:
NHAI floats e-tender for Outer Ring Road project in Thiruvananthapuram
To fund road construction, NHAI raises Rs 102,000 million

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..