Around half of the asset monetisation programme of the National Highways Authority of India (NHAI) could be done through the infrastructure investment trust (InvIT) this financial year and around Rs 23,000 crore be raised through this route, a senior official said Thursday. If the target is achieved, it will mark a big jump from just Rs 2,850 crore raised via InvIT in FY23.
According to sources, the NHAI has drawn up plans to monetise 46 highway stretches of 2,612 km length in 2023-24 through the InvIT and toll operate transfer (TOT) models.