National Monetisation Pipeline (NMP) Surpasses Targets

26 Jun 2024 CW Team

In the financial year 2023-24, the NMP achieved commendable success, securing approximately Rs. 1.56 lakh crore, surpassing the Rs. 1.8 lakh crore target set for the year. This achievement marks a notable increase, representing 159% growth compared to the figures from 2021-22.

Key performers in this endeavor include the Ministries of Road Transport and Highways, and the Ministry of Coal, jointly achieving Rs. 970 billion. These ministries have been pivotal in driving the NMP forward, leveraging strategic asset monetization to foster economic growth and infrastructure development.

Looking ahead to 2024-25, the National Highways Authority of India (NHAI) has already identified and published an indicative list of 33 assets slated for monetization, facilitating efficient investment planning for prospective investors. NHAI's transparency in publishing macroeconomic assumptions for bid calculations aims to further enhance the bidding process's success rate.

The Ministry of Coal's achievements under the NMP are poised to bolster energy security through increased coal production and supply to thermal power plants. With specific achievements in 2023-24 highlighted across various ministries "Road Transport and Highways, Coal, Power, Mines, Petroleum and Natural Gas, Urban, and Shipping" the momentum towards achieving NMP targets remains robust.

The successful implementation of the NMP underscores India's commitment to leveraging its infrastructure assets for economic growth and development, setting a precedent for efficient resource management and strategic investment in critical sectors.

Following the unveiling of the National Monetisation Pipeline (NMP) pursuant to the Union Budget 2021-22, significant strides have been made in monetizing core assets of Central Government Ministries and Public Sector Enterprises (PSEs). Managed collaboratively by NITI Aayog and pertinent Infrastructure Ministries, the NMP outlines assets with a monetization potential of Rs. 6 lakh crore over the period from 2021-22 to 2024-25. In the financial year 2023-24, the NMP achieved commendable success, securing approximately Rs. 1.56 lakh crore, surpassing the Rs. 1.8 lakh crore target set for the year. This achievement marks a notable increase, representing 159% growth compared to the figures from 2021-22. Key performers in this endeavor include the Ministries of Road Transport and Highways, and the Ministry of Coal, jointly achieving Rs. 970 billion. These ministries have been pivotal in driving the NMP forward, leveraging strategic asset monetization to foster economic growth and infrastructure development. Looking ahead to 2024-25, the National Highways Authority of India (NHAI) has already identified and published an indicative list of 33 assets slated for monetization, facilitating efficient investment planning for prospective investors. NHAI's transparency in publishing macroeconomic assumptions for bid calculations aims to further enhance the bidding process's success rate. The Ministry of Coal's achievements under the NMP are poised to bolster energy security through increased coal production and supply to thermal power plants. With specific achievements in 2023-24 highlighted across various ministries Road Transport and Highways, Coal, Power, Mines, Petroleum and Natural Gas, Urban, and Shipping the momentum towards achieving NMP targets remains robust. The successful implementation of the NMP underscores India's commitment to leveraging its infrastructure assets for economic growth and development, setting a precedent for efficient resource management and strategic investment in critical sectors.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..