{"id":401259,"date":"2021-02-20T10:44:27","date_gmt":"2021-02-20T05:14:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=401259"},"modified":"2021-02-20T10:44:27","modified_gmt":"2021-02-20T05:14:27","slug":"adani-dp-jain-win-bids-for-highways-in-toll-road-auction","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-dp-jain-win-bids-for-highways-in-toll-road-auction\/","title":{"rendered":"Adani, DP Jain win bids for highways in toll road auction"},"content":{"rendered":"<p>Adani Enterprises and construction firm DP Jain &amp; Co have submitted the highest bids for two bundles of highways in the National Highways Authority of India\u2019s (NHAI\u2019s) latest toll road auctions, a person aware of the auction results said. NHAI has raised a total of \u20b92,262 crore through the two bundles totaling 158.6km.<\/p>\n<p>The financial bids for tranche five of the NHAI toll-operate-transfer (TOT) auction were opened on Friday. Adani Enterprises won the first bundle with a financial bid of \u20b91,011 crore, beating Cube Highways, which bid \u20b9345 crore, DP Jain and Co. ( \u20b9603 crore) IRB Infra ( \u20b9518.4 crore), Prakash Asphaltings &amp; Toll Highways (India) Ltd ( \u20b9555.55 crore) and a special purpose vehicle by Canadian pension fund Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (CDPQ, \u20b9646 crore).<\/p>\n<p>The second bundle was won by DP Jain &amp; Co. for \u20b91,251 crore, beating bids by Adani Enterprises ( \u20b9944 crore), Cube Highways ( \u20b9182 crore), IRB Infra ( \u20b9408.6 crore), Prakash Asphaltings &amp; Toll Highways (India) Ltd ( \u20b9535.10 crore) and CDPQ ( \u20b91,043 crore).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Enterprises and construction firm DP Jain &amp; Co have submitted the highest bids for two bundles of highways in the National Highways Authority of India\u2019s (NHAI\u2019s) latest toll road auctions, a person aware of the auction results said. NHAI has raised a total of \u20b92,262 crore through the two bundles totaling 158.6km. The financial bids for tranche five of the NHAI toll-operate-transfer (TOT) auction were opened on Friday. Adani Enterprises won the first bundle with a financial bid of \u20b91,011 crore, beating Cube Highways, which bid \u20b9345 crore, DP Jain and Co. ( \u20b9603 crore) IRB Infra ( \u20b9518.4 [&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-401259","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\/401259","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=401259"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/401259\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=401259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=401259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=401259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}