India: NHAI launches InVIT, gets CPPIB and Ontario Teachers’ as anchor investors

India: NHAI launches InVIT, gets CPPIB and Ontario Teachers’ as anchor investors

Photo: Reuters

The National Highways Authority of India (NHAI) has launched its infrastructure investment trust (InVIT), part of the government’s national monetization pipeline, which will initially have a portfolio of five operating toll roads with an aggregate length of 390 kilometers, and an enterprise value of ₹8,011.52 crore, the Ministry of Road Transport & Highways (MoRTH) said in a statement on Wednesday.

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