NHAI's Infrastructure Investment Trust set to be launched next month

The maiden Infrastructure Investment Trust (InvIT) of the National Highways Authority of India (NHAI), which was delayed for around a year, will be launched next month, according to an official in the know. The highways authority plans to raise over Rs 5,000 crore through this route.

The initial set of roads to be offered via the InvIT are part of national corridors, providing long-term prospects.

“We are following the due statutory process for the launch and in line with prevailing market conditions expect to raise about Rs 5,100 crore by monetising five operational roads. We are likely to go to the market