Norms may be eased to make asset monetisation lucrative for private companies

Norms may be eased to make asset monetisation lucrative for private companies

The centre could consider relaxing some conditions to make it more lucrative for the private sector to participate in the asset monetisation programmes of railways, warehouses, and oil and gas sectors. Some ministries suggested changes in asset monetisation contracts at a meeting called by cabinet secretary Rajiv Gauba on Friday to take stock of the … Read more

Niti Aayog to empanel transaction advisor for PSU assets monetisation, disinvestment

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Niti Aayog has decided to empanel transaction advisor for monetisation of assets and carry forward the process of disinvestment of public sector enterprises. In this connection, the government think-tank Niti Aayog has floated request for proposals (RFP) from eligible entities. The Aayog is hand-holding the respective asset owners — the statutory bodies, public sector enterprises … Read more

NHAI withdraws TOT-4 as it tests recent policy changes for monetising road assets

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The National Highways Authority of India (NHAI) has withdrawn its fourth bundle of roads it had offered for monetisation at Rs 2,200 crore under Toll-operate-transfer (TOT), as it tests new models for its asset monetisation programme to take off. Bids for TOT-4 were invited in November 2019, with a concession value of Rs 4,200 crore, … Read more