The National Highways Authority of India (NHAI) and other road-building agencies should look at reviving Build Operate Transfer (BOT) model by putting up projects costing less than Rs 1,000 crore for award through this route, Minister of Road Transport and Highways Nitin Gadkari said Monday.
The minister’s comments came amid a prolonged dearth of private investments in the sector caused much strain to the exchequer. For the first time, the minister also hinted at financing problems potentially impacting the pace of highway construction. “We do not have the financial capacity in the country.
