NHAI to award Rs 44,412-cr worth BOT projects this fiscal

To bring private investments back in the highway construction sector, the National Highways Authority of India (NHAI) has decided to award 937-km-long of stretches entailing investments of Rs 44,412 crore via the build operate transfer (BOT) model in the current financial year, a senior official said Friday.

The length of highways identified for BOT model of development is 15% of about 6,100 km of stretches that will be awarded this year by the NHAI. It also outpaces the target of increasing the contribution of BOT in highway construction to 10%. So far this year, just about 350-km-long highway stretches have been awarded via all models, including the fully government funded EPC.