StockWatch
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Road Assets–Toll, Annuity, Hybrid-Annuity
Business Update14 Jul 2026, 07:20 pm

National Highways Infra Trust to Engage GMCs for 908 km Assets

AI Summary

National Highways Infra Trust (NHIT) announced that its Investment Manager's Board has approved engaging General Management Consultants (GMCs) for identified project packages covering approximately 908 km of NHIT assets. This engagement, facilitated through relevant project SPVs, aims to support the Project Manager in discharging its operations and maintenance obligations. The remaining 600 km portfolio will be managed through a separate process. This move is in line with SEBI InvIT Regulations and the Project Implementation and Management Agreement (PIMA).

Key Highlights

  • NHIT to appoint GMCs for 908 km of assets.
  • GMCs will support operations and maintenance obligations.
  • This aligns with SEBI InvIT Regulations and PIMA.
  • A separate process is underway for the remaining 600 km.