NHAI moves to woo private investors

NEW DELHI: The NHAI has reverted to empanel highway builders who are keen to construct roads under the Public Private Partnership (PPP) mode. It has invited bids from private players, who would be pre-qualified bidders for 950 km NHs that will be built with Rs 30,000 crore investment.
The projects are spread across eight states. These will be built on build-operate-transfer (toll) basis. The NHAI said the process of annual pre-qualification will not only streamline and ease the bid process of the individual project on the BOT (toll) mode but also give an idea about the market response.