The evaluation of more highway stretches to be offered for the infrastructure investment trust (InvIT) this year is underway. The National Highways Authority of India (NHAI) plans to increase the share of these market instruments in its future monetisation plan.
It is expected that the InvIT would overtake the toll-operate-transfer (TOT) projects as the preferred monetisation route for the authority during the current year.
According to an official, a slew of projects is under consideration. A majority of these highways are expected to be monetised via the InvIT route, given a large volume of projects went earlier to TOT.
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