The bidding process for the fifth round of monetisation through infrastructure investment trust (InvIT) route by the National Highways Authority of India (NHAI) will start by the end of this month. The process may yield Rs 7,000-8,000 crore to the NHAI.

Following the completion of this round, the work will begin for another round of monetisation through InvIT mode but this time through Public InvIT.

The fifth round will be conducted through private InvIT – the National Highways Infrastructure Trust (NHIT) – sponsored by NHAI. The two biggest investors in the NHIT are Canadian funds – Ontario Teachers Pension Plan Board Ltd and Canadian Pension Plan Investment Board Private Holdings Inc – holding 25% units each.

Unit holders other than NHAI and Canadian funds are mutual funds, pensio

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