{"id":350296,"date":"2020-05-08T09:50:56","date_gmt":"2020-05-08T04:20:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350296"},"modified":"2020-05-08T10:10:22","modified_gmt":"2020-05-08T04:40:22","slug":"covid-19-nhais-asset-monetization-to-take-a-hit-invits-face-delays","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-nhais-asset-monetization-to-take-a-hit-invits-face-delays\/","title":{"rendered":"Covid-19: NHAI&#8217;s asset monetization to take a hit, InvITs face delays"},"content":{"rendered":"<p>The National Highways Authority of India\u2019s ongoing asset monetization drive is likely to fall victim to the Covid-19 crisis along with the Infrastructure Investment Trust (InvITs), as the former may see lukewarm response from investors and the latter could be delayed. <\/p>\n<p>\u201cToll-Operate-Transfer (TOT) projects are expected to take a hit. Both bundle 4 and 5, and InvITs could be delayed,\u201d Akshay Purkayastha &#8211; Director &#8211; CRISIL Risk &amp; Infrastructure Solutions, said in a teleconference. <\/p>\n<p>NHAI invited bids for the fourth TOT contract in October 2019 and expected to raise over Rs 4,000 crore by offering a total of 7 road stretches, with a cumulative length of 400 km. The project\u2019s base price was, however, curtailed to Rs 2,165 crore and the concession period of the bundle was reduced to 20 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Highways Authority of India\u2019s ongoing asset monetization drive is likely to fall victim to the Covid-19 crisis along with the Infrastructure Investment Trust (InvITs), as the former may see lukewarm response from investors and the latter could be delayed. \u201cToll-Operate-Transfer (TOT) projects are expected to take a hit. Both bundle 4 and 5, and InvITs could be delayed,\u201d Akshay Purkayastha &#8211; Director &#8211; CRISIL Risk &amp; Infrastructure Solutions, said in a teleconference. NHAI invited bids for the fourth TOT contract in October 2019 and expected to raise over Rs 4,000 crore by offering a total of 7 road [&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":[135,130,168],"tags":[],"class_list":["post-350296","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350296","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=350296"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350296\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}