After the success of monetisation of Power Grid Corporation of India’s transmission assets, the Centre is working on a public-private-partnership model for monetisation of transmission lines owned by state government firms to unlock their value and generate resources that can be re-invested in strengthening the infrastructure.
While Power Grid has opted for Infrastructure Investment Trusts (InvITs), a model akin to the toll-operate-transfer (TOT) model being used for highway assets may be employed for state transcos’ asset monetisation. This is in view of the fact that individual sizes of the assets on offer are comparatively smaller, an official said.
