National Monetisation Pipeline (NMP) Surpasses Targets
ROADS & HIGHWAYS

National Monetisation Pipeline (NMP) Surpasses Targets

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code