MoRTH aims to raise Rs 35,000 crore through asset monetisation

25 Apr 2023 CW Team

The Ministry of Road Transport and Highways (MoRTH) expects to raise Rs 350 billion through various means of asset monetisation this fiscal year, up from Rs 328.55 billion in the previous fiscal.

Currently, MoRTH monetises its assets through three different models: toll-operate-transfer (TOT), Infrastructure Investment Trust (InvIT), and project-based financing, in order to provide all types of investors with the opportunity to invest in highway and associated infrastructure assets.

Infrastructure Investment Trust (InvIT) is a mutual fund-style entity meant to gather money from investors and invest in assets that would deliver cash flows over time.

While Rs 150 billion is intended to be raised through project-based financing of high-speed corridors by securitizing future toll income without any direction from the authority in 2023-24, Rs 100 billion is slated to be raised through InvIT.

According to the official, MoRTH has already raised Rs 679.97 billion through various types of asset monetisation in the last four years, through February 28, 2023.

He stated that Rs 263.66 billion has been raised through the monetisation of 1,614 km via ToT to date, with Rs 31.44 billion raised in FY 2022-23 until February 2023, and bids have been requested for two further ToT bundles totaling Rs 70 billion. These are likely to be awarded in July 2023, the official added.

He further stated that Rs 102 billion has been raised to date through NHAI InvIT listings totaling 635 km in phases I and II. Out of this, Rs 28.50 billion has been raised in the fiscal year 2022-23 through February 28, 2023, with InvIT phase III to be granted in April 2023 for a total of Rs 100 billion.

According to the source, Rs 313.21 billion has been realized through project-based finance of the Delhi-Mumbai Expressway to date, with Rs 75.84 billion raised in FY 2022-23 through February 2023.

The Ministry of Road Transport and Highways (MoRTH) expects to raise Rs 350 billion through various means of asset monetisation this fiscal year, up from Rs 328.55 billion in the previous fiscal. Currently, MoRTH monetises its assets through three different models: toll-operate-transfer (TOT), Infrastructure Investment Trust (InvIT), and project-based financing, in order to provide all types of investors with the opportunity to invest in highway and associated infrastructure assets. Infrastructure Investment Trust (InvIT) is a mutual fund-style entity meant to gather money from investors and invest in assets that would deliver cash flows over time. While Rs 150 billion is intended to be raised through project-based financing of high-speed corridors by securitizing future toll income without any direction from the authority in 2023-24, Rs 100 billion is slated to be raised through InvIT. According to the official, MoRTH has already raised Rs 679.97 billion through various types of asset monetisation in the last four years, through February 28, 2023. He stated that Rs 263.66 billion has been raised through the monetisation of 1,614 km via ToT to date, with Rs 31.44 billion raised in FY 2022-23 until February 2023, and bids have been requested for two further ToT bundles totaling Rs 70 billion. These are likely to be awarded in July 2023, the official added. He further stated that Rs 102 billion has been raised to date through NHAI InvIT listings totaling 635 km in phases I and II. Out of this, Rs 28.50 billion has been raised in the fiscal year 2022-23 through February 28, 2023, with InvIT phase III to be granted in April 2023 for a total of Rs 100 billion. According to the source, Rs 313.21 billion has been realized through project-based finance of the Delhi-Mumbai Expressway to date, with Rs 75.84 billion raised in FY 2022-23 through February 2023. See also: In FY24, MoRTH intends to construct 45 kilometres of road dailyNHIDCL is constructing around 4,000 km in the northeast

Infrastructure Transport

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Infrastructure Transport

12 Mar 2026

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Infrastructure Urban

12 Mar 2026

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..