Investors may soon own a share of Bandra-Worli Sea Link's toll revenue
India, Nov. 8 -- Retail investors with demat accounts may soon be able to invest in the toll revenue generated by Bandra-Worli Sea Link, officially known as the Rajiv Gandhi Sea Link.
The Maharashtra government plans to launch its first Infrastructure Investment Trust (InvIT), called Maha-InvIT, which is likely to be listed on stock exchanges next year. The 5.6-km Sea Link, managed by the Maharashtra State Road Development Corporation (MSRDC), will be among its first assets.
Three state officials told Hindustan Times that the trust will also include selected operational roads, bridges and industrial infrastructure managed by the Public Works Department (PWD), MSRDC and Maharashtra Industrial Development Corporation (MIDC).
An InvIT is ...
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