Government finalising plan to monetise ₹6 lakh crore infra assets: DIPAM Secretary
The Hindu
FM Nirmala Sitharaman, in her 2021-22 Budget speech, had said monetising operating public infrastructure assets was a very important financing option for new infrastructure construction.
The government is finalising ₹6 lakh crore worth infrastructure assets, including national highways and power grid pipelines, which would be monetised, a top official said on Wednesday. “A national monetisation plan of about ₹6 trillion is in the offing which will have a range of assets from pipelines to power grid pipelines to national highways, ToT and so on,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said. Speaking at the CII annual session, Mr. Pandey said the InvIT for asset monetisation of power grid was done successfully and which has led to regulatory systems, such as Sebi approval, being put in place.
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