Road Projects under TOT Model
Publication Date:
Jul 25, 2019
Topic:
Region:
As of July 2019, India’s Ministry of Road Transport & Highways identified approximately 6,400 km of national highways for monetization under the Toll Operate Transfer (TOT) model.
TOT Bundle 1, comprising 680 km, was awarded to the MAIF-Ashoka Buildcon consortium for a concession fee of ₹9,681.5 crore, with operations starting on 29 August 2018. The bidding for TOT Bundle 2 was annulled after receiving bids below the estimated concession value. Bidding for Bundle 3 was launched on 13 June 2019. The TOT model allows the National Highways Authority of India (NHAI) to lease operational highway assets to private players, generating upfront revenue for reinvestment in new infrastructure.
Links:
