National Monetisation Pipeline: Road assets worth Rs 1.60 lakh crore to be monetised over four years

Under the ambitious national asset monetisation plan, road assets worth Rs 1.60 lakh crore will be monetised over four years till Financial Year 2025 as announced by Finance Minister Nirmala Sitharaman on Monday. The Union Finance Minister said the asset monetisation does not involve land selling and it is about monetizing brownfield assets. The Union Ministry of Road Transport and Highways and the National Highways Authority of India (NHAI) will implement the road assets monetisation. Niti Aayog CEO Amitabh Kant was quoted in a PTI report saying the road asset monetisation’s potential models would be Toll Operate Transfer (ToT) and Infrastructure Investment Trust (InvIT). The Toll Operate Transfer is one of the main models for monetization, employed successfully in the road sector both by state as well as central entities.