NHAI seeks to revive BOT projects, may give minimum toll guarantee
The National Highways Authority of India (NHAI) is planning to award 500 km or around 8% of the 6,500 km target for the current fiscal through the build-operate-transfer (BOT) mode. It may give minimum toll revenue guarantee to make it easier for contractors to bid for BOT projects.
In last five years, BOT share in NHAI’s award mix had never been more than 3%. In two years – 2018-19 and 2019-20 – not a single project was awarded through the BOT mode, according to Crisil. Last fiscal, only 1% of the 6,306 km project was awarded through the BOT mode.
