NHAI has realized Rs.26,125cr from three rounds performed
The newly branded National Highways Infra Trust (NHIT) intends to monetize projects worth Rs.15,000–Rs.20,000 crore under the NMP for FY 2024-25.
To date, NHAI http://nhai.gov.in through NHIT has realized value of Rs.26,125 crore from three rounds performed to date, the Ministry of Road Transport & Highways said on 11 June at the launch of a new corporate identity https://www.globaltenders.com/ .
NHIT today has 190 investors and over 12,000 retail bond holders of its Non-Convertible Debentures. It operates a diversified portfolio of fifteen toll roads with an aggregate length of approximately 1,525-km, spread across nine states – Assam, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, Uttar Pradesh and West Bengal https://morth.nic.in/ .
Historically, units of NHIT were issued for Rs.101 per unit in November 2021 and listed on both the BSE https://www.bseindia.com/ and the NSE https://www.nseindia.com/ . The Net Asset Value (NAV) of NHIT as on 31 March 2024 is Rs.124.75 per unit https://www.sgx.com/ .
NHIT was registered as a trust with SEBI in October 2020, to support the Government’s National Monetization Pipeline (NMP) http://niti.gov.in .
NHAI has unveiled a logo of its infrastructure Investment Trust, National Highways Infra Trust (NHIT), depicting ‘Agility’ and ‘Progress’ https://www.ibef.org/ .
The new logo aims to bolster NHIT brand visibility with various stakeholders and align its image with its core values of Accountability, Agility, Continuous Learning, Excellence, Integrity and Collaboration https://attentionindia.com/ .
NHAI Chairman Santosh Kumar Yadav unveiled the new logo of NHIT at NHAI Headquarter in New Delhi on 11 June. Fiinews.com
