NHPC to monetise 10 hydropower projects to help meet disinvestment target

New Delhi: In an attempt to generate enough funds to meet India’s ambitious infrastructure play, the state run public sector units (PSUs) have stepped up efforts including tapping the infrastructure investment trust (InvIT) route to generate resources. The first off the block may be hydropower firm NHPC Ltd that plans to leverage InvITs to monetise 10 of its 22 hydropower projects.

InvITs are trusts that manage income-generating infrastructure assets, typically offering investors regular yield and a liquid method of investing in infrastructure projects.

India’s largest power generation utility—NHPC Ltd—will shortly appoint a consultant “to undertake an advisory study to assess the feasibility of different options of assets monetization of few hydro power projects such as InvIT etc in the context of NHPC Limited through limited tender route.”