NEW DELHI: The National Highways Authority of India will soon invite bids for a cumulative 400 km of road stretches as it seeks to raise around Rs 4,000 crore.
This will be the fourth bundle of toll-operate-transfer (TOT) projects, and the second to be offered in the current financial year. The NHAI, which is working aggressively on its asset monetisation drive, has appraised the road stretches to be offered in Jammu & Kashmir, Maharashtra, Haryana, Gujarat and Madhya Pradesh, and a proposal for bids is likely to be out in October, an official said, asking not to be identified.
