Govt seeks to replicate NHAI success with InvITs at railways and ports.

After the success of infrastructure investment trusts (InvITs) achieved by the National Highways Authority of India (NHAI) and PowerGrid, the Centre is laying the groundwork for similar InvITs for railways, shipping, gas pipelines, and other sectors, as part of the Rs. 6-trillion National Monetisation Pipeline (NMP).

The finance ministry has been nudging various infrastructure line departments and there have been close examinations of InvITs in the Ministries of Railways and Shipping, and GAIL (India) , among others, Business Standard has learnt.

ET