Pvt InvITs to get bid rights for highways
Pvt InvITs to get bid rights for highways

India's new strategy involves auctioning completed highways exclusively to private Infrastructure Investment Trusts (InvITs), excluding private developers. This aims to boost global investor involvement in infrastructure projects. NHAI will auction road bundles to private InvITs in the upcoming fiscal year, aligning with the government's asset monetization goals. InvITs are mandated to invest primarily in completed projects to ensure income generation and investor security. This shift reflects India's innovative approach to financing infrastructure development.

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