NHAI Launches Public InvIT to Expand Investment Opportunities

NHAI plans to introduce a public Infrastructure Investment Trust (InvIT) to attract retail and institutional investors. By offering three Toll-Operate-Transfer bundles quarterly, NHAI aims to broaden participation in India's infrastructure market. The initiative follows the success of previous private InvIT efforts resulting in substantial highway monetization.

The National Highways Authority of India (NHAI) announced its strategy to launch a public Infrastructure Investment Trust (InvIT) to expand its investor base significantly. This move aims to democratize access to infrastructure investment, allowing retail investors to take part.

NHAI has previously launched a successful private InvIT, monetizing more than 2,300 kilometers of highways. The public InvIT will offer quarterly Toll-Operate-Transfer bundles—small, medium, and large—to attract a varied spectrum of investors. The NHAI hopes this new scheme will continue to draw high-quality institutional investors.

InvITs have been in the Indian market since 2014, providing investors with stable cash flows, low-risk opportunities, and tax benefits. These trusts are highly regulated by the Securities and Exchange Board of India (Sebi), ensuring a structured investment avenue for both institutional and retail participants.