{"id":346995,"date":"2020-04-16T11:55:49","date_gmt":"2020-04-16T06:25:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=346995"},"modified":"2020-04-16T11:55:49","modified_gmt":"2020-04-16T06:25:49","slug":"covid-19-bid-submission-for-tot-4-auction-deferred-again","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-bid-submission-for-tot-4-auction-deferred-again\/","title":{"rendered":"Covid-19: Bid submission for TOT-4 auction deferred again"},"content":{"rendered":"<p>The bid submission date for the fourth bundle of toll-operate-transfer (TOT) auctions has been deferred yet again, this time to May 15, as uncertainty on account of the Covid-19 outbreak looms large on private investments.<\/p>\n<p>Bids for TOT-4, floated in FY20, were due on Wednesday, after four rounds of postponement. The bid submission date has now been deferred by a month, a senior official told ET.<\/p>\n<p>Approved in 2016, TOT is a mode of monetising operating highways where the concessionaire gets toll collection rights against a lump sum fee. This has been the highway ministry\u2019s foolproof method of bringing private investment into the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bid submission date for the fourth bundle of toll-operate-transfer (TOT) auctions has been deferred yet again, this time to May 15, as uncertainty on account of the Covid-19 outbreak looms large on private investments. Bids for TOT-4, floated in FY20, were due on Wednesday, after four rounds of postponement. The bid submission date has now been deferred by a month, a senior official told ET. Approved in 2016, TOT is a mode of monetising operating highways where the concessionaire gets toll collection rights against a lump sum fee. This has been the highway ministry\u2019s foolproof method of bringing private [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-346995","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346995","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=346995"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/346995\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=346995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=346995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=346995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}