NHAI Sets Up RIIMPL to Lead Public InvIT for Highway Monetisation

24 Nov 2025 CW Team

RIIMPL has been structured as a collaborative venture, with equity participation from leading banks and financial institutions such as State Bank of India, Punjab National Bank, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank. The platform is designed to unlock the monetisation value of completed national highway assets while offering a long-term, high-quality investment avenue for retail and domestic investors. NHAI Member (Finance) NRVVMK Rajendra Kumar has been appointed Managing Director and CEO (Additional Charge) of the company.

Highlighting NHAI’s track record, the Chairman noted that the authority has monetised assets worth Rs 489.95 billion through the Toll-Operate-Transfer model and raised around Rs 436.38 billion across four rounds of Private InvITs, drawing strong participation from domestic and global investors. He added that approximately 1,500 km of completed and operational highways will be introduced into the Public InvIT over the next three to five years, opening up new investment opportunities for the public.

RIIMPL aims to establish strong governance systems aligned with SEBI’s InvIT regulations, ensuring transparency, investor protection, and high-quality reporting and compliance. The first issuance of units for retail and public investors is expected in February 2026.

The National Highways Authority of India is advancing its Public InvIT initiative with the establishment of Raajmarg Infra Investment Trust (RIIT), aimed at boosting road asset monetisation and widening investment access in the national highway sector. As part of this plan, NHAI has incorporated Raajmarg Infra Investment Managers Private Limited (RIIMPL) as the Investment Manager for the proposed InvIT. The new entity was formally launched in Mumbai by NHAI Chairman Santosh Kumar Yadav, in the presence of senior officials and institutional representatives.RIIMPL has been structured as a collaborative venture, with equity participation from leading banks and financial institutions such as State Bank of India, Punjab National Bank, NaBFID, Axis Bank, Bajaj Finserv Ventures Ltd, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, and Yes Bank. The platform is designed to unlock the monetisation value of completed national highway assets while offering a long-term, high-quality investment avenue for retail and domestic investors. NHAI Member (Finance) NRVVMK Rajendra Kumar has been appointed Managing Director and CEO (Additional Charge) of the company.Highlighting NHAI’s track record, the Chairman noted that the authority has monetised assets worth Rs 489.95 billion through the Toll-Operate-Transfer model and raised around Rs 436.38 billion across four rounds of Private InvITs, drawing strong participation from domestic and global investors. He added that approximately 1,500 km of completed and operational highways will be introduced into the Public InvIT over the next three to five years, opening up new investment opportunities for the public.RIIMPL aims to establish strong governance systems aligned with SEBI’s InvIT regulations, ensuring transparency, investor protection, and high-quality reporting and compliance. The first issuance of units for retail and public investors is expected in February 2026.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

Infrastructure Energy

12 Dec 2025

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Infrastructure Energy

12 Dec 2025

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..