NHAI aims for monetisation target of Rs 20,000 cr in FY23

19 May 2022 CW Team

Despite continuous economic uncertainty and geopolitical turmoil, the National Highways Authority of India (NHAI) is hopeful about attaining its asset monetisation target of Rs 20,000 crore this fiscal.

The NHAI Infrastructure Investment Trust or InVIT and Toll-Operate-Transfer or TOT routes will be used to raise funds for the national road infrastructure development entity.

Through the first tranche of InVIT, NHAI raised Rs 8,000 crore for five projects totaling 400 km in the previous fiscal year. InvITs are collective investment vehicles, similar to mutual funds, that allow individual and institutional investors to make direct monetary investments in infrastructure projects in exchange for a small percentage of the income.

Infrastructure Urban

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