Govt seeks to replicate NHAI success with InvITs at railways and ports

Plans more launches in FY23; gas pipelines, other sectors also on radar

After the success of infrastructure investment trusts (InvITs) achieved by the National Highways Authority of India (NHAI) and PowerGrid, the Centre is laying the groundwork for similar InvITs for railways, shipping, gas pipelines, and other sectors, as part of the Rs 6-trillion National Monetisation Pipeline (NMP).

The finance ministry has been nudging various infrastructure line departments and there have been close examinations of InvITs in the Ministries of Railways and Shipping, and GAIL (India) , among others, Business Standard has learnt.

The Centre is looking to launch a few more sector-specific InvITs in the current fiscal year.

“After roads and power, the next