The total value of asset monetisation in national highways crossed the Rs 1 trillion mark on Thursday after the National Highways Authority of India (NHAI) raised Rs 15,624 crore in the third round offering for its infrastructure investment trust (InvIT), the highway authority said.
This is the highest value realised in a single InvIT round by NHAI. The amount was generated by offering 10 highway stretches spanning 890 kilometres (kms), according to NHAI.
With the fiscal year nearing its end, officials said that the proceeds of the InvIT round are expected by March.
