NHAI to raise Rs 1 lakh cr through monetisation of highways in next 5 years

The minister said asset monetisation offers a good business opportunity for industry players in existing infrastructure and on the other hand it will help government in unlocking the value of investment made in creating infrastructure.
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New Delhi: Union minister Nitin Gadkari on Thursday said the National Highways Authority of India (NHAI) is planning to raise Rs 1 lakh crore through monetisation of national highways in the next five years and exhorted industry players to come forward to reap rich dividends by investing in it.

Gadkari, who holds road transport portfolio along with MSME, said this will spur growth and the funds could be roped in creating sound infrastructure.

“NHAI is planning to raise Rs 1 lakh crore through monetisation of highways under toll operate transfer (TOT) mode in the next five years,” Gadkari said addressing CII’s national conference on “Road Infrastructure – Creating Demand: Stimulating Growth”.

Source : Economic Times

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