India, Feb. 9 -- The Government of India has issued a release:
NHAI has accepted the offer of the Raajmarg Infra Investment Trust (RIIT) amounting to Rs. 9,500 crores towards asset monetization of five sections spanning over 260 km across four States. The monetized assets include the 80.52 km long Gorhar-Barwa Adda section in Jharkhand, the 69.4 km long Chilakaluripet-Vijayawada section in Andhra Pradesh, the 32.6 km long Chennai Bypass, the 33 km long Chennai-Tada section in Tamil Nadu, and the 44.6 km long Neelmangla-Tumkur section in Karnataka.
Commenting on the occasion, Shri Santosh Kumar Yadav, Chairman, NHAI, said, "Through this Public InvIT, retail investors will not only gain the opportunity to earn stable and attractive returns ...