{"id":287789,"date":"2024-03-20T18:27:14","date_gmt":"2024-03-20T12:57:14","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=287789"},"modified":"2024-03-21T13:56:13","modified_gmt":"2024-03-21T08:26:13","slug":"nhai-completes-largest-invit-monetization","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/nhai-completes-largest-invit-monetization\/","title":{"rendered":"NHAI completes largest InvIT monetization"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-287894 aligncenter\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/NHAI-completes-largest-InvIT-monetization.webp?resize=441%2C294&#038;ssl=1\" alt=\"NHAI completes largest InvIT monetization\" width=\"441\" height=\"294\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/NHAI-completes-largest-InvIT-monetization.webp?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/NHAI-completes-largest-InvIT-monetization.webp?resize=1024%2C682&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/NHAI-completes-largest-InvIT-monetization.webp?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/NHAI-completes-largest-InvIT-monetization.webp?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 441px) 100vw, 441px\" \/><\/p>\n<p><strong>Source<\/strong>-This post on <strong>NHAI completes largest InvIT monetization<\/strong> is based on the article &#8220;<a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2015548\" target=\"_blank\" rel=\"noopener\"><strong>NHAI Completes Largest InvIT Monetization of Over Rs. 16,000 Crore Through \u2018Round 3<\/strong><\/a>\u2019&#8221; published in &#8220;<strong>PIB<\/strong>&#8221; on 19th March 2024.<\/p>\n<h2>Why in the News?<\/h2>\n<p>National Highways Infra Trust (NHIT) has completed fundraising through &#8216;InvIT Round-3&#8217; for National Highway stretches totaling 889 kilometers.<\/p>\n<p>This marks the <a href=\"https:\/\/forumias.com\/blog\/question\/consider-the-following-statements-with-respect-to-national-highway-authority-of-india-nhai-1-nhai-was-set-up-by-an-act-of-parliament-it-was-entrusted-with-national-highways-development-project\/\" target=\"_blank\" rel=\"noopener\">National Highways Authority of India&#8217;s (NHAI)<\/a> largest monetization effort, valued at over Rs. 16,000 crore.<\/p>\n<h2>About National Highways Infra Trust (NHIT)<\/h2>\n<figure id=\"attachment_287792\" aria-describedby=\"caption-attachment-287792\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-287792\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/National-Highways-Infra-Trust-NHIT.png?resize=300%2C152&#038;ssl=1\" alt=\"National Highways Infra Trust (NHIT)\" width=\"300\" height=\"152\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/National-Highways-Infra-Trust-NHIT.png?resize=300%2C152&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/National-Highways-Infra-Trust-NHIT.png?w=717&amp;ssl=1 717w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-287792\" class=\"wp-caption-text\">Source-egov<\/figcaption><\/figure>\n<p><strong>1. About <\/strong>&#8211; The National Highways Infra Trust (NHIT) is an <span style=\"color: #ff0000;\">Infrastructure Investment Trust <span style=\"color: #333333;\">sponsored<\/span> by the National Highways Authority of India (NHAI)<\/span>.<\/p>\n<p><strong>2. Aim <\/strong>&#8211; It aims to undertake the investment activities as an Infrastructure Investment Trust(InviT).<\/p>\n<p><strong>3. Established in<\/strong>&#8211;\u00a0 2021<\/p>\n<h2>What are Infrastructure Investment Trusts (InvIT)?<\/h2>\n<p><strong>1. About<\/strong>&#8211; InvITs are <span style=\"color: #ff0000;\">instruments that work like mutual funds<\/span>. They are <span style=\"color: #ff0000;\">designed to pool small sums of money from a number of investors<\/span> to <span style=\"color: #ff0000;\">invest in infrastructure assets<\/span> that give cash returns over a period of time.<\/p>\n<p><strong>2. Listing<\/strong>&#8211; InvITs are <span style=\"color: #ff0000;\">listed on exchanges just like stocks<\/span> \u2014 through <a href=\"https:\/\/forumias.com\/blog\/everyday-economics-what-is-an-ipo\/\" target=\"_blank\" rel=\"noopener\">Initial Public Offerings (IPOs)<\/a>.<\/p>\n<p><strong>3. Regulated by-<\/strong>\u00a0InvITs are regulated by the <a href=\"https:\/\/forumias.com\/blog\/securities-and-exchange-board-of-india\/\" target=\"_blank\" rel=\"noopener\">Securities and Exchange Board of India (SEBI)<\/a> (Infrastructure Investment Trusts) Regulations, 2014.<\/p>\n<h2>What are NHAI InvITs?<\/h2>\n<p><strong>1. About<\/strong>&#8211; It is a Trust established by NHAI under the Indian Trusts Act, 1882 and SEBI regulations.<\/p>\n<p><strong>2. Approval<\/strong>&#8211; In December 2019, Prime Minister Narendra Modi&#8217;s Cabinet approved NHAI&#8217;s Infrastructure Investment Trust (InvIT). NHAI launched its InvIT in 2021.<\/p>\n<p><strong>3. Objective<\/strong>&#8211; NHAI introduced its InvIT <span style=\"color: #ff0000;\">to enable the monetization of roads<\/span> and to attract both foreign and domestic institutional investors to invest in the roads sector.<\/p>\n<p><strong>UPSC Syllabus- Indian Economy (Infrastructure)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source-This post on NHAI completes largest InvIT monetization is based on the article &#8220;NHAI Completes Largest InvIT Monetization of Over Rs. 16,000 Crore Through \u2018Round 3\u2019&#8221; published in &#8220;PIB&#8221; on 19th March 2024. Why in the News? National Highways Infra Trust (NHIT) has completed fundraising through &#8216;InvIT Round-3&#8217; for National Highway stretches totaling 889 kilometers.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/nhai-completes-largest-invit-monetization\/\">Continue reading <span class=\"screen-reader-text\">NHAI completes largest InvIT monetization<\/span><\/a><\/p>\n","protected":false},"author":10367,"featured_media":287894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127],"tags":[11872],"class_list":["post-287789","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-factly-articles","category-economy","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2024\/03\/NHAI-completes-largest-InvIT-monetization.webp?fit=1280%2C853&ssl=1","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/287789","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10367"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=287789"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/287789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media\/287894"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=287789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=287789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=287789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}