NHAI raises ₹600 crore more than the reserve price for TOT-5, Adani and DP Jain Infra set to bag contracts
The National Highways Authority of India has raised around ₹630 crore more than the base price for it’s fifth round of TOT auctions, a senior official has said.
Adani NSE -1.08 % and DP Jain Infra, who quoted the highest price in the 5A-1 and 5A-2 packages last month, are now set to bag the respective bids.
NHAI at it’s board meeting on Thursday disclosed the reserve price for TOT-5. The authority received bids worths ₹2,252 crore, against a reserve price of ₹1,621 crore.
