Bid submission date for road toll collection rights extended

NEW DELHI: The government is set to extend the bid submission deadline for the third round of auctions of toll collection rights of certain road stretches across the country for a second time as investors seek more time for evaluating bids.

“We are going to extend the bid submission deadline by a month,” National Highways Authority of India chairman NN Sinha told reporters on the sidelines of an event here on Friday.