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New Delhi
The Centre should focus on improving the rural consumption, kickstart construction activity and push for more infrastructure creation for unleashing the animal spirits in the economy. The government should also monetise some of the real assets and invest in infrastructure projects that would have multiplier effect.
Pratik Agarwal, Group CEO, Sterlite Power, said asset recycling through InvITs (infrastructure investment trusts) or REITS (real estate investment trusts) can be a major source of funding infrastructure projects in the country.
In fact, some of the State governments are owning such wonderful power distribution assets and they can raise up to ₹1.5 lakh crore in a matter of few quarters, he said addressing BusinessLine pre-Budget event organised here on Friday.
Read more: Business Line
About Resonia
Resonia is one of India's leading developers of power transmission infrastructure, building and operating the grid assets that move electricity from where it is generated to where it is needed most.
Operating in one of the world's largest greenfield transmission markets, Resonia has established a proven end-to-end model — developing critical assets across India's most complex geographies, then monetising them through a disciplined capital recycling strategy. To date, the company has monetised assets worth over US$1 billion, and sponsored IndiGrid, India's first power transmission InvIT, which attracted marquee global investors including KKR and GIC.
Resonia offers a rare combination: world-class execution capability, a demonstrated monetisation track record, and a front-row position in India's accelerating energy transition.
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