New Delhi, March 25 -- The National Highways Authority of India's (NHAI) first public infrastructure investment trust (InvIT), Raajmarg Infra Investment Trust (RIIT), was listed on the BSE on Tuesday, marking a key step towards bringing retail investors into highway asset monetisation.
The autonomous nodal agency under the road ministry, in a statement, said RIIT has successfully bid for and secured the rights to five operational national highway assets located in the states of Jharkhand, Tamil Nadu, Andhra Pradesh, and Karnataka, for a total concession value of approximately Rs.9,500 crore.
Published by HT Digital Content Services with permission from Hindustan Times....