Key Points
The Indian government plans to generate revenue of approximately two trillion rupees (equivalent to $24.1 billion) by monetising highways in the coming years, said rating agency CareEdge...
According to the agencys report, the National Highways Authority of India is expected to build approximately 4,000 to 4,500 kilometers (equivalent to 2,796.2 miles) of new roads annually in the next three years, and the government can generate revenue from these assets using an Infrastructure Investment Trust (InvIT) or a toll-operate-transfer (TOT) model...
The governments current plan, which is based on a public-private partnership model, has been successful as 88% of road projects awarded prior to March 2020 are now operational and can be monetised..
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