The National Highways Authority of India (NHAI) is expected to operationalise the country’s first government-sponsored infrastructure investment trust (InvIT) by March 2021. Reportedly, about six road assets worth Rs 50 billion have received in-principle approval for transfer to the InvIT. These include the 32.6 km Kotha-Kata Bypass-Kurnool stretch in Telangana, the 75 km Palanpur-Abu Road stretch and the 31 km Abu Road-Swaroopganj stretch in Gujarat, the 160 km Chittorgarh-Kota stretch and Chittorgarh Bypass in Rajasthan, and the 77 km Maharashtra/Karnataka border-Belgaum stretch. The 32.6 km Chennai Bypass may also be part of the InvIT, which could be replaced by a new stretch.
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