NHAI expects to launch first tranche of Rs 5k cr InVit in May

05 Apr 2021 Editorial Team

The National Highways Authority of India (NHAI) is planning to set up the first infrastructure investment trust (InVIT) in the highways sector worth Rs 5,000 crore by mid-May.

NHAI submitted a proposal to the Securities and Exchange Board of India (SEBI) to set up the first InVIT, and the authority said it expects to launch the first tranche of the InVIT by the middle of next month.

Apart from the Rs 5,000 crore InVIT, the government is also focusing on toll-operate-transfer (ToT) and securitisation for highway assets monetisation. The total InVIT, ToT and securitisation could amount to Rs 18,000 crore in 2021-22, according to the Ministry of Road Transport and Highways.

The union cabinet had authorised NHAI to use InVITs as one of the preferred modes for raising long term finance for investment in the highways sector in 2019.

InVITs are required to invest at least 80% of their corpus in operational assets and to ensure that 90% of the cash flows from operations are distributed to the investors, as per the regulations. This essentially divests the InVITs from the construction risks in infrastructure projects.

Image Source

Also read: NHAI InvIT to replace urban with rural roads

Also read: NHAI InvIT plans to raise Rs.50 billion

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..