NHAI completes InvIT monetization of over Rs.16,000 crore through ‘Round 3’

National Highways Infra Trust (NHIT), the infrastructure Investment Trust by the National Highways Authority of India (NHAI), on Tuesday said it has successfully concluded fund-raising through ’InvIT Round-3’ for National Highway stretches of aggregate length of 889 kilometers at an Enterprise Value of over Rs.16,000 crore, which is the largest monetization by NHAI and one of the largest transactions in the history of Indian road sector.

NHAI InvIT NCDs listed on BSE; Nitin Gadkari rings bell to mark the listing

NHAI InvIT Non-Convertible Debentures were listed on the Bombay Stock Exchange (BSE), the Ministry of Road Transport & Highways (MoRTH) said Friday.