Revised model concession agreements for toll projects has incorporated series of favourable changes, both in the build-operate-transfer (BOT) and toll-operate-transfer (TOT), to bolster investor confidence while safeguarding the interest of all stakeholders, the CareEdge Ratings said on Tuesday.
The ministry of road transport and highways (MoRTH) had last month revised the MCAs for bidding out toll road projects as it aims to bid out 53 projects, encompassing a total length of 5,214 km and a projected cost of Rs 2.10 lakh crore, for development under the BOT-Toll model.
