NHAI Launches Public InvIT to Expand Investment Opportunities
NHAI plans to introduce a public Infrastructure Investment Trust (InvIT) to attract retail and institutional investors. By offering three Toll-Operate-Transfer bundles quarterly, NHAI aims to broaden participation in India's infrastructure market. The initiative follows the success of previous private InvIT efforts resulting in substantial highway monetization.
- Country:
- India
The National Highways Authority of India (NHAI) announced its strategy to launch a public Infrastructure Investment Trust (InvIT) to expand its investor base significantly. This move aims to democratize access to infrastructure investment, allowing retail investors to take part.
NHAI has previously launched a successful private InvIT, monetizing more than 2,300 kilometers of highways. The public InvIT will offer quarterly Toll-Operate-Transfer bundles—small, medium, and large—to attract a varied spectrum of investors. The NHAI hopes this new scheme will continue to draw high-quality institutional investors.
InvITs have been in the Indian market since 2014, providing investors with stable cash flows, low-risk opportunities, and tax benefits. These trusts are highly regulated by the Securities and Exchange Board of India (Sebi), ensuring a structured investment avenue for both institutional and retail participants.
(With inputs from agencies.)
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