InvestorQ : Is NHAI likely to start off with the government National Monetization Pipeline exercise?
Deepa Salunkhe made post

Is NHAI likely to start off with the government National Monetization Pipeline exercise?

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Arya Nanda answered.
2 months ago
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The National Highways Authority of India or NHAI is in talks with global investors like Canadian Pensions and Ontario Retirement to raise Rs.6,000 crore via the inaugural private INVIT. This will, in a way, be the start of the National Monetization Plan announced by the government with a 3-year monetization target of Rs.6 trillion.

It is also very likely that Canadian Pensions and Ontario Retirement would come in as anchor investors in the INVIT to give greater confidence. The INVIT portfolio comprises 5 road assets across the states of Gujarat, Rajasthan, Maharashtra, Karnataka, AP and Telangana, with annual tolling revenue in the vicinity Rs.460 crore in FY21.

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