.. Road Map: Nhai Maiden Invit In April, To Raise Close To Rs 5,000 Crore
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30 Mar 2021

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  • The National Highways Authority of India (NHAI) will launch its first Infrastructure Investment Trust (InvIT) in April next fiscal with an aim to mop up Rs 4,000-5,000 crore, its chairman Sukhbir Singh Sandhu said. NHAI feels that InvIT, along with the monetisation of operational assets via the toll-operate-transfer model and toll securitisation, would help boost non-debt resources.

  • “We are targeting to launch our first InvIT within April 15. We will file the memorandum with the Securities and Exchange Board of India (Sebi) before March end,” Sandhu told FE.

  • The Cabinet had in December 2019 authorised NHAI to launch InvITs to enable ......

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