MoRTH garners Rs 403.14 bn via asset monetisation in FY24

05 Apr 2024 CW Team

A senior government official announced that in the financial year 2023-24, the Ministry of Road Transport and Highways (MoRTH) had exceeded its target by raising Rs 403.14 billion through various modes of asset monetisation, as opposed to the goal of Rs 289.68 billion. This amount comprised Rs 159.68 billion from the monetisation of 4 toll-operate-transfer (TOT) bundles, Rs 157 billion from Infrastructure Investment Trust (InvIT), and Rs 86.46 billion from securitisation.

In the previous fiscal year 2022-23, the ministry had managed to raise Rs 328.55 billion through different modes of asset monetisation.

It was explained that MoRTH currently utilises three distinct modes to monetise its assets - namely, the toll-operate-transfer (TOT) model, Infrastructure Investment Trust (InvIT), and project-based financing. This approach aims to offer investment opportunities to all types of investors interested in highway-related assets and associated infrastructure.

The official described the Infrastructure Investment Trust (InvIT) as a financial instrument resembling mutual funds, structured to pool funds from investors and allocate them to assets generating cash flows over a specified duration.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..