Highways InvIT to be open on stock exchange

25 Aug 2022 CW Team

Nitin Gadkari, Union Minister of Road Transport and Highways, stated that the Centre will approach capital markets next month to seek retail participation in highway projects.

The minister stated that InvIT will be listed on the stock exchange, but with a caveat: it is an experimental method, which is why retail investment will be limited.

InvITs are products similar to mutual funds in that they pool money from investors and invest in assets that will deliver cash flows over time.

The central government has previously sought the Securities and Exchange Board of India (Sebi) to let individual investors to invest in the InvIT of the state-owned National Highways Authority of India (NHAI). This is the first time a minister has specified a timetable for the exercise.

Institutional investors, insurance firms, pension funds, and infrastructure investors participated in NHAI's first InvIT round.

Also read:
Telangana approves fund to upgrade city roads
NHAI develops 51-km Kamakhyanagar-Duburi stretch in Odisha

Infrastructure Transport

07 Apr 2026

Tunnelling Begins for Thane–Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..