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NHAI turns down NITI Aayog’s request to expand monetisation portfolio

The National Highways Authority of India (NHAI) has turned down NITI Aayog’s request to expand its monetisation portfolio, as the authority intends to leave that decision to an investment manager. NITI Aayog and the department of investment and public asset management (DIPAM) had asked the NHAI to proactively identify assets, and the mode for monetisation, after the authority showed reservation on the number of projects it could monetise.

NITI Aayog had asked the NHAI to explore more models for monetisation other than the infrastructure investment trust (InvIT) route.

Source
business standard
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