Road projects on BOT mode struggle to take off as govt yet to frame guidelines
NEW DELHI: The government’s plan to bid out road projects under the build-operate-transfer (BOT) framework is likely to get delayed until next financial year as the roads ministry is yet to firm up the guidelines for allocating the projects.
The guidelines are being re-drawn with an aim to make BOT projects more investor-friendly as the government looks to revive private investment in the sector.
In BOT projects, private sector developers build a road using their own funds, operate it and then transfer it to the government after a specified period.
