Bids for Rs 31,000-cr highway projects called under BOT model
The Build Operate Transfer (BOT) model for highway construction is back, with the National Highways Authority of India (NHAI) calling bids for projects entailing combined investments of Rs 31,000 crore via this route.
In all, 8 key highway stretches including a greenfield access-controlled expressway is proposed to be developed in the BOT model, which has been dormant for several years due to risk aversion among private investors.
The total length of highways for which bids have been invited is 517.4 km and total project cost is expected to be Rs 30,975 crore, to be precise.
