The Centre is likely to come up with its reworked concession agreement for the Build Operate Transfer (BOT) model by the end of this month. This move will remove a major obstacle in the government’s push to bring in private capital for the construction of national highways, according to Union highways secretary Anurag Jain.
Speaking at an event organised by public sector unit financer REC Limited in New Delhi, Jain mentioned that the Centre has resolved most issues related to the existing interpretation of the BOT concession agreement. The renewed agreement is currently undergoing inter-ministerial consultation.
