Chennai Bypass to take monetisation route under TOT?

CHENNAI: The National Highways Authority of India (NHAI) is mulling over the monetisation of the Chennai Bypass under the Toll-Operate-Transfer (TOT) programme, wherein already-operational national highways are assigned to private entities on long-term concession basis, according to a source.

Chennai Bypass is a full access-controlled expressway that interconnects four radial national highways around Chennai, covering a distance of 32 km from Perungalathur (near Tambaram) on NH-45 to Puzhal on NH-5 via Maduravoyal. This could be the second stretch to be offered to a private concessionaire after the 52-km stretch from Madurai to Kanniyakumari.