Summary
After raising over Rs 5,000 crore through its Infrastructure Investment Trust (InvIT) in October 2021, the National Highway Authority of India (NHAI) is now planning to raise Rs 3,000 crore through another InvIT, which is likely to come for subscription in January 2022, a top official of the highway authority told TNIE.
The official also said that this time 2-3 road projects would be up for monetisation through the InvIT to be launched in January. The InvIT launched in October initially had a portfolio of five operating toll roads with an aggregate length of 390 kms. These five roads are located across the states of Gujarat, Karnataka, Rajasthan and Telangana.......