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

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

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.

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.

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram