India’s first government-sponsored Infrastructure Investment Trust NSE 0.00 % (InvIT) could be operationalised by March this year, a senior official said.
Around six road assets worth Rs 5,000 crore have been given in-principle approval for transfer to the InvIT, the official said.
“We are hoping that the InvIT should be operational by March end,” the official told ET, requesting not to be named. “There are five to six projects which are operational, and we have a good revenue stream, which will be transferred to the InvIT.”