NHAI woos investors for toll-operate-transfer projects
The government is encouraging National Highways Authority of India (NHAI) to bid out more and more projects for toll-operate-and-transfer (ToT).
Lack of willingness of locals to pay tolls; and law and order situation, among others, are some of the issues to be taken care to increase the investor interest. This emerged in an interaction of NHAI with its potential investors, who NHAI is trying to woo to bid for ToT projects.
NHAI organised a road show on Friday for the third phase of ToT project for prospective bidders. The third bundle of ToT comprises nine stretches traversing a total length of approximately 566 km in Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu.
