NHAI eyes Rs 4,995 crore from monetisation of 3rd bundle of highways under TOT model
The National Highways Authority of India (NHAI) is eyeing Rs 4,995 crore from monetisation of third tranche of 566 km of highways under TOT model, Parliament was informed Thursday. The first bundle under the toll, operate, transfer (TOT) model had fetched NHAI Rs 9,682 crore.
“The National Highways Authority of India has invited bid for Toll Operate Transfer Bundle-3 on 13.06.2019 with bid due date of 11.09.2019 and Initial Estimated Concession Value (IECV) of Rs 4,995.48 crore,” Road Transport and Highways Minister Nitin Gadkari told Lok Sabha in a written reply.
There are nine highway stretches of 566.27 km in TOT Bundle-3 in states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu.
