Monetisation of highway projects is expected to yield Rs 40,000 crore in the current financial year, including Rs 24,000 crore is to be raised via the infrastructure investment trust (InvIT) route and securitisation of under-construction projects, a senior official said on Friday.
Already, Rs 15,968 crore has been raised through monetisation of highway stretches in four bundles through Toll Operate Transfer (ToT) model. Another Rs 15,000 crore will come from InvIT and Rs 8000-9000 crore from securitisation, secretary in the ministry of road transport and highways Anurag Jain said.
