Nirmala Sitharaman launches National Monetisation Pipeline

Nirmala Sitharaman, Minister of Finance, announced the launch of the National Monetisation Pipeline (NMP) on August 23.

According to a statement, the NMP programme has a four-year pipeline of the government's brownfield infrastructure assets. NMP will provide visibility to the visitors, and it will serve as a medium-term roadmap for asset monetisation. The pipeline has been prepared through consultation with Niti Aayog, a public policy think tank of the government.

It is a part of the Budget of FY22. The ministry said that the asset monetisation initiative of the public assets is an important financing option for new infrastructure construction. To provide visibility to the investors, an asset monetisation dashboard would be created to track the progress.

She mentioned some vital measures in monetisation. It includes InvIT (Infrastructure Investment Trust), sponsored by the National Highways Authority of India (NHAI) and Power Grid Corporation of India Ltd (PGCIL), which will attract national and international institutional investors. Five operational roads of around Rs 5,000 crore have been transferred to NHAI InvIT. Similarly, assets worth Rs 7,000 crore have been transferred to PGCIL InvIT.

As per the Ministry, the Indian Railways will monetise assets of the Dedicated Freight Corridors for operations and maintenance (O&M) after commissioning. Next, the airports will be monetised for O&M concession.

Other infrastructure assets to be rolled out under the Asset Monetisation Programme include operational toll roads of NHAI, PGCIL's transmission assets, oil and gas pipeline of the Gas Authority of India (GAIL), Indian Oil Corporation Ltd (IOCL), and Hindustan Petroleum Corporation Ltd (HPCL), Airports Authority of India (AAI) airports in Tier-II and Tier-III cities, railways infrastructure assets, and warehousing assets of Central Public Sector Enterprises (CPSEs).

Image Source


Also read: Government prepares one stop portal for asset monetisation

Related Stories

Ventive Hospitality, Marriott Ink Deal for 1,548 Rooms Across 7 Hotels

Ventive Hospitality, along with its Promoter Group Companies, has expanded its partnership with Marriott International through the signing of man...

Read More

Arrow Electronics Opens Engineering Solutions Centre in Bengaluru

Arrow Electronics has launched a new Engineering Solutions Centre (ESC) in Bengaluru to drive innovation and strengthen engineering capabilities ac...

Read More

MCX Launches Electricity Futures to Broaden Commodities Portfolio

Multi Commodity Exchange of India (MCX), India’s leading commodity derivatives exchange and the world’s largest commodity options exchange (FIA...

Read More

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back