{"id":278621,"date":"2019-06-17T04:54:28","date_gmt":"2019-06-17T04:54:28","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=278621"},"modified":"2019-06-17T04:54:28","modified_gmt":"2019-06-17T04:54:28","slug":"nhai-invites-bids-for-tot-projects-worth-%e2%82%b94995-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-invites-bids-for-tot-projects-worth-%e2%82%b94995-crore\/","title":{"rendered":"NHAI invites bids for TOT projects worth \u20b94,995 crore"},"content":{"rendered":"<p>The National Highways Authority of India (NHAI), which drew a blank in its previous attempt to sell road assets under the toll-operate-transfer (TOT) model, on Thursday came up with its third TOT bundle, which is now up for bidding to private operators for an initial estimated concession value (IECV, or reserve price) of \u20b94,995.48 crore.<\/p>\n<p>The latest attempt by NHAI comes less than a month after the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) was returned to power for the second consecutive term in May. On Thursday, NHAI called for a tender inviting bids for its third attempt to auction public highways under the TOT model.<\/p>\n<p>In this third bundle, NHAI has placed 566.27km comprising nine national highways under the hammer. More than 243km are stretches in Tamil Nadu (Madurai to Kanyakumari on NH7), a 73.79km stretch is between Hazaribagh-Ranchi in Bihar (NH28) and a 73.79km stretch is of the same highway extending into Jharkhand. There are stretches of up to 169km in Uttar Pradesh, which on three different highways (NH 24, 25, 26).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Highways Authority of India (NHAI), which drew a blank in its previous attempt to sell road assets under the toll-operate-transfer (TOT) model, on Thursday came up with its third TOT bundle, which is now up for bidding to private operators for an initial estimated concession value (IECV, or reserve price) of \u20b94,995.48 crore. The latest attempt by NHAI comes less than a month after the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) was returned to power for the second consecutive term in May. On Thursday, NHAI called for a tender inviting bids for its third attempt to [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,189],"tags":[],"class_list":["post-278621","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-roads-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=278621"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278621\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=278621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=278621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=278621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}