FM to launch National Monetisation Pipeline, BFSI News, ET BFSI

New Delhi: Finance minister Nirmala Sitharaman on Monday will launch the National Monetisation pipeline (NMP), which will list out the government’s infrastructure assets to be sold over the next four-years, an official statement said.

“The NMP comprises a four-year pipeline of the central government’s brownfield infrastructure assets. Besides providing visibility to investors, NMP will also serve as a medium-term roadmap for the asset monetisation initiative of the government,” the Niti Aayog said in a statement on Sunday. Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey had earlier this month said that the government is finalising Rs 6 lakh crore worth infrastructure assets, including national highways and power grid pipelines, which would be monetised.

“A national monetisation plan of about Rs 6 trillion is in the offing which will have a range of assets from pipelines to power grid pipelines to national highways, ToT (toll-operate-transfer) and so on,” Pandey had said.

The Union Budget 2021-22, laid a lot of emphasis on asset monetisation as a means to raise innovative and alternative financing for infrastructure.

In her Budget speech, Sitharaman had said that monetising operating public infrastructure assets was a very important financing option for new infrastructure construction. agencies