Maharashtra State to Tokenize Government Assets for Infrastructure Funding

India's Maharashtra state is advancing a plan to tokenize government assets to secure funding for new infrastructure development. According to CoinDesk, the focus is on tokenizing power transmission infrastructure, which currently generates steady revenue from electricity transmission but has significant capital tied up in existing facilities that cannot be easily redirected to new projects. The state aims to tokenize 40-50% of its transmission infrastructure, offering investors a share of the revenue while raising funds through token sales for new transmission lines, solar power expansion, energy storage facilities, and grid capacity upgrades. Real estate asset tokenization is also under consideration.