The National Highways Authority of India (NHAI) has raised Rs 9384 crore through monetisation of two bundles of highway stretches of total length of 273 km using Toll Operate Transfer (ToT) model in the just concluded round.
The highways in the Bundle 13 have been awarded to IRB Infrastructure which had put in a bid of Rs 1683 crore while stretches in Bundle 14 have gone to Cube Highways and Infrastructure with a bid of Rs 7701 crore, a statement by NHAI said.
The TOT bundle 13 includes Kota Bypass and Stay Bridge on NH-76 in Rajasthan, as well as the Gwalior-Jhansi section of NH-75 in the states of Madhya Pradesh and Uttar Pradesh.
