{"id":295119,"date":"2019-10-05T11:25:16","date_gmt":"2019-10-05T05:55:16","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295119"},"modified":"2019-10-05T11:35:18","modified_gmt":"2019-10-05T06:05:18","slug":"nhai-seeks-flexibility-in-structuring-tot-road-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-seeks-flexibility-in-structuring-tot-road-projects\/","title":{"rendered":"NHAI seeks \u2018flexibility\u2019 in structuring ToT road projects"},"content":{"rendered":"<p>The National Highways Authority of India (NHAI) is seeking \u201cflexibility\u201d from the Cabinet in structuring toll-operate-and- transfer (ToT) projects as banks and private operators strike discordant notes on the asset monetisation model, which is beginning to show signs of strain over financing issues. <\/p>\n<p>India\u2019s highway development agency currently offers ToT concessions for 30 years, wherein, the right to collect toll revenue is auctioned to the highest bidder. <\/p>\n<p>Need for flexibility <\/p>\n<p>\u201cWhile there are suggestions that we should reduce and bring it down to 15 years, there are also suggestions to keep it at 30 years itself. Nevertheless, we have moved a note seeking more flexibility, because in the earlier Cabinet approval, 30 years was the fixed tenure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Highways Authority of India (NHAI) is seeking \u201cflexibility\u201d from the Cabinet in structuring toll-operate-and- transfer (ToT) projects as banks and private operators strike discordant notes on the asset monetisation model, which is beginning to show signs of strain over financing issues. India\u2019s highway development agency currently offers ToT concessions for 30 years, wherein, the right to collect toll revenue is auctioned to the highest bidder. Need for flexibility \u201cWhile there are suggestions that we should reduce and bring it down to 15 years, there are also suggestions to keep it at 30 years itself. Nevertheless, we have moved [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-295119","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295119","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=295119"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295119\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}