Business Standard

NHAI's InvIT plans to raise Rs 2,000 cr to acquire road assets: Report

The Infrastructure Investment Trust (InvIT) is planning to raise Rs 2,000 crore from investors to acquire two to three road assests from its parent firm

Construction of the Kanpur-Lucknow expressway is expected to start from December this year, as nearly 70 per cent of the land acquisition is complete.
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BS Web Team New Delhi
The infrastructure investment trust (InvIT) is planning to raise Rs 2,000 crore from investors to acquire two to three road assests from its parent firm the National Highways Authority of India (NHAI), reported Livemint

Set up last year by the NHAI, InvITs are collective investment vehicles that allow direct investments from individual and institutional investors in infrastructure projects, and give them a small portion of the income in returns. 

InVIT was set up by the NHAI to monetise its assets and raise funds to build highways. NHAI has raised Rs 6,000 crore through its InVIT, in which  CPP Investments and

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First Published: Sep 29 2022 | 12:06 PM IST

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