After years of viability concerns of private highway projects, the National Highways Authority of India (NHAI) has proposed sweeping reforms in the Build, Operate, Transfer (BOT) model and introduced projects worth Rs 2 trillion to be bid out in the coming months.
The 53 projects, spread across various states, will span a length of 5,200 kilometres (km), NHAI said in a statement on Wednesday.
Uttar Pradesh with projects worth Rs 50,000 crore, Maharashtra with projects worth Rs 39,000 crore, and Tamil Nadu with projects worth Rs 26,000 crore will form a majority of the Centre’s near-term BOT project pipeline.
