{"id":283919,"date":"2019-07-23T05:59:31","date_gmt":"2019-07-23T05:59:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283919"},"modified":"2019-07-23T05:59:31","modified_gmt":"2019-07-23T05:59:31","slug":"nhai-sbi-in-talks-to-monetise-highways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-sbi-in-talks-to-monetise-highways\/","title":{"rendered":"NHAI, SBI in talks to monetise highways"},"content":{"rendered":"<p>New Delhi: The National Highways Authority of India (NHAI) is in talks with State Bank of IndiaNSE -0.31 % to monetise road projects with high traffic density as it explores different modes to meet its Rs 75,000-crore funding requirement for the current fiscal. \u201cThe idea is, instead of monetising assets to private players, we get the money directly from banks,\u201d a government official told ET. <\/p>\n<p>It is like toll securitisation, the official said. <\/p>\n<p>\u201cThe only difference is in TOT (toll-operate-transfer) \u2014 we are giving it to funds with maintenance and toll collection obligation. SBI, being a bank, will be giving loan to NHAI, which will be paid back through a special purpose vehicle (SPV), or through specific project requirements,\u201d the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The National Highways Authority of India (NHAI) is in talks with State Bank of IndiaNSE -0.31 % to monetise road projects with high traffic density as it explores different modes to meet its Rs 75,000-crore funding requirement for the current fiscal. \u201cThe idea is, instead of monetising assets to private players, we get the money directly from banks,\u201d a government official told ET. It is like toll securitisation, the official said. \u201cThe only difference is in TOT (toll-operate-transfer) \u2014 we are giving it to funds with maintenance and toll collection obligation. SBI, being a bank, will be giving [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-283919","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283919"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283919\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}