The National Highways Infra Trust (NHAI InvIT) has raised Rs 1,430 crore from domestic and international investors, through placement of its units, for part funding its acquisition of three road projects from NHAI, an official statement said.
NHAI InvIT is the infrastructure investment trust sponsored by the National Highway Authority of India (NHAI) to support the government’s National Monetisation Pipeline (NMP).
Infrastructure Investment Trusts (InvITs) are instruments on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time
