Adani Group has quoted the highest bid of Rs 1,011 crore for the first bundle of 53.6 km national highway stretch under the fifth round of toll-operate-transfer (TOT) mode while Nagpur-based DP Jain has offered to pay `1,251 crore, the highest by any bidder, to take on long-term lease the second bundle of 106 km.
The National Highways Authority of India (NHAI) had invited bids for the two bundles last September. Financial bids were opened on Friday.
Indian Highways Concessions Trust, Cube Highways, PATH and IRB are the other bidders who participated in the current round of auction.