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NHAI

Important Updates - National Highway Infra Trust NCD to close early today 18-Oct-2022 NHAI InvIT AAA Rated #NCD Earn upto 7.90% p.a Issue Opens on 17 Oct retail investors can apply #NHAI National Highway Infrastructure Limited (NHIT) is registered as a contributory irrevocable trust under the Indian Trust Act, 1882, and is registered as Infrastructure Investment Trust (InvIT) under SEBI (Infrastructure Investment Trust) Regulations 2014, as amended. Currently, five road projects with a total stretch of approx. 389 km, namely, Palanpur-Abu Road, Abu Road-Swaroopganj, Chittorgarh-Kota, Kothakota-Kurnool, and Belgaum-Kagal are transferred to the InvIT. The InvIT, through a project SPV, NHIPPL, has entered into a concession agreement with NHAI for a period of 30 years on a TOT basis. The InVIT was listed in November 2021. All five project assets have received the appointed date as December 16, 2021, and have commenced tolling operations. NHIT is proposing to bring additional three road assets under InvIT, i.e., Agra Bypass, Borkhedi-Wadner-Kelapur, and Shivpuri-Jhansi section under InvIT, and has entered into a concession agreement with NHAI for 20 years. Call 9891645052 for more details