NHAI’s third TOT bundle draws interest from 27 companies
New Delhi: As many as 27 companies have evinced interest in National Highways Authority of India’s latest bundle of toll-operate-transfer (TOT) projects. The initial estimated concession value (IECV or reserve price) for the third bundle of TOT, which is up for bidding by private operators, is ₹4,995.48 crore.
The third TOT bundle comprises nine stretches traversing 566.27 kms across four states – Uttar Pradesh, Jharkhand, Bihar and Tamil Nadu.
Several more bundles will be offered in the months to come, NHAI Chairman NN Sinha said at the road show of the third phase of TOT. He also called upon private investors to bid for these bundles, saying TOT is a risk-free model.
