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<b>Cleaning up of NHAI Balance Sheet</b>

This event shall be broadcasted from Shardul Amarchand Mangaldas’ Office, register online below
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Online
Thursday, May 19th
16:30 - 17:45 | Indian Standard Time (GMT+5:30)

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17 people are attending
Credit: crsherale / Envato elements
Moisés Cona
Moisés Cona
Moisés Cona
Partner, Global Infrastructure
GRI Club
+55 (11) 96695-6107

 NHAI’s debt reached a new high of Rs 3.17 trillion at the end of FY21, and revenues are estimated to have declined by 4 per cent last financial year to around. 
 
As a result of this situation, The Ministry of Road Transport and Highways (MoRTH) is working on mechanisms to improve the balance sheet of the National Highways Authority of India, and also follow the target of expanding the highways network by 25,000 km by 2023. 
 
In this GRI meeting, members will gather with NHAI and discuss the strategies to mitigate its debt, such as the implied sovereign support that serves as an indirect aid, the harnessing of non-debt capital through other sources like monetisation of operational highway stretches through toll-operate-transfer mechanisms and also development of the InvIT routes.

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Discussion, 4:30pm - 5:45pm (GMT+5:30)

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http://www.trilegal.com/
http://www.trilegal.com/
+91 22 4079 1000
Mumbai | Maharashtra | India
Trilegal is one of the leading law firms in India, providing innovative and quality legal services across the spectrum of corporate law. With over 400 lawyers spread across Bengaluru, Delhi, Gurugram and Mumbai, the Firm consistently advises many of the world’s leading corporations, financial institutions, and fund houses on their complex and first-to-market transactions. Trilegal has been recognised as the ‘Law Firm of the Decade’ at the RSG Grow India Awards.
http://www.cyrilshroff.com/
Mumbai | India
Cyril Amarchand Mangaldas is India’s leading law firm with global reputation of being trusted advisors to its clients. Tracing its professional lineage to 1917, cam was founded to continue the legacy of Amarchand & Mangaldas & Suresh A. Shroff & Co. The Firm advises a large and diverse set of clients, including domestic and foreign commercial enterprises, financial institutions, private equity funds, venture capital funds, start-ups, government and regulatory bodies.
https://www.ey.com/en_in
https://www.ey.com/en_in
+ 91 22 61920000
Mumbai | India
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
https://www.amsshardul.com/
New Delhi | India
Founded on a century of legal achievements, we are one of India’s leading full service law firms. Our mission is to enable business by providing solutions as trusted advisors through excellence, responsiveness, innovation, and collaboration. We are known globally for our integrated approach. Our 600+ lawyers including 116 partners provide exceptional services across practice areas which include General Corporate, Merger & Acquisition, Private Equity, Banking & Finance, Insolvency & Bankruptcy, Competition Law, Dispute Resolution, Projects & Project Finance, Capital Markets, Tax, and Intellectual Property. Helming major headline transactions and litigation across industries, we advise leading multinational corporations on their India entry and legal strategy impacting their business. We have offices in seven cities across India - New Delhi, Mumbai, Gurugram, Bengaluru, Chennai, Ahmedabad and Kolkata.
http://www.pwc.com
http://www.pwc.com
+91 91 79 3091 7000
Mumbai | India
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 158 countries with more than 2,36,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com In India, PwC has offices in Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai and Pune. For more information about PwC India’s service offerings, visit www.pwc.com/in PwC refers to the PwC International network and/or one or more of its member firms, each of which is a separate, independent and distinct legal entity. Please see www.pwc.com/structure for further details.
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