NHAI resumes infrastructure investment trust project with roadshows

The trust is being set up as a private listed InvIT to attract large institutional investors

The National Highways Authority of India (NHAI) has started re-engagement with investors for its infrastructure investment trust (InvIT), which has been delayed by over a year.

The second wave of the pandemic led to a decline of 15-20 per cent in toll revenue in May, which picked up after the lockdown restrictions were eased in June. “We need to apprise domestic and international investors about the impact of lockdown on the traffic, therefore we are re-engaging with them via virtual roadshows,” a senior official in the know told Business Standard.

He said the InvIT should be able to see the light of