NHAI and NIIF Signs MoU for funding highway projects

National Highways Authority of India (NHAI) has signed an MoU with the central government-promoted National Investment and Infrastructure Fund (NIIF) to secure funding for large-sized projects, including highways.

“The MoU is related to co-operation in formation of SPVs to execute the fund arrangement for large size road projects particularly green field projects to be executed by NHAI in future.”