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.

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..