Moneycontrol
Jul 13, 2017 02:07 PM IST | Source: CNBC-TV18

Awaiting approvals to launch InvIT: MEP Infra

In an interview to CNBC-TV18, Jayant Mhaiskar, Vice Chairman and Managing Director of MEP Infrastructure spoke about latest happenings in his company as well as sector.

In an interview to CNBC-TV18, Jayant Mhaiskar, Vice Chairman and Managing Director of MEP Infrastructure spoke about latest happenings in his company as well as sector.

We are awaiting an approval from the authority to launch infrastructure investment trust (InvIT), he said.

The company currently operates into the hybrid annuity space under toll operate transfer (TOT)/tolling space, which predominantly are either operating assets or assets under hybrid annuity where funding is done by National Highways Authority of India (NHAI), banks and the company together.

The current orderbook of Rs 4,000 crore will be executed over the next two to two and a half years, he said.

For full interview, watch video....

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