NHPC to monetise 10 projects to generate funds

16 Sep 2019 CW Staff

As reported, in tune with India’s enterprising infrastructure goals, the state-run public sector units (PSUs) are seeking out means to garner funds, which include tapping the infrastructure investment trust (InvIT).

Hydropower giant NHPC, the first firm to take up the idea, is planning to leverage InvITs to monetise around 10 of its 22 projects.

InvITs are essentially, trusts that handle all infrastructure assets that can generate income, usually providing investors with regular yield and a liquid method of investing in projects.

To take this forward, NHPC is set to appoint an advisor in order to fully understand the feasibility of all asset monetisation options for hydropower projects. The consultant will list out all possible routes and will also conduct a cost-benefit analysis of various schemes.

In her maiden budget, Finance Minister Nirmala Sitharaman has increased the divestment target from Rs 900 billion to Rs 1.5 trillion for the current fiscal year, with a special focus on consolidating PSUs and strategic disinvestment. All proceeds from the disinvestment will aid the Centre to boost India’s infrastructure by investing around Rs 100 trillion in the next five years.

The National Highways Authority of India (NHAI) is also looking at generating funds of around Rs 850 billion through InvITs and the toll-operate-transfer (ToT) model.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..