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National Monetisation Pipeline Aimed At Enabling Accelerated Infrastructure Creation: Govt
Swarajya Staff
Dec 14, 2021, 11:52 AM | Updated 11:52 AM IST
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The National Monetisation Pipeline (NMP) is aimed at enabling accelerated infrastructure creation and bringing efficiencies in infrastructure operation and maintenance for a multiplier impact on the economy, the government told the Parliament on Monday (13 December).
"The asset classes identified under NMP include toll roads, port terminals, airports, railway stations, storage warehouses, gas and product pipelines, power generation and transmission, mining, telecom towers, optical fibre and stadiums etc." Union Minister of State (Independent Charge) in the Ministry of Planning Rao Inderjit Singh said in a written reply to a question in Rajya Sabha.
While certain assets are located in specific locations, assets such as highways, oil and gas pipelines, transmission networks are typically linear assets and may span multiple states and are spread across India, the minister said.
"The aggregate asset pipeline over FY 2022-25 under NMP is indicatively valued at Rs 6 lakh crore. This indicative value refers to value expected to be realised by the asset owners through the monetisation process, either in form of accruals or by way of private sector investment," the minister added.
"The NMP covers sectors including roads, ports, airports, railways, warehousing, gas and product pipelines, power generation and transmission, mining, telecom, sports stadium and urban real estate," he said.
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