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Saturday, December 21, 2024 | 07:42 PM ISTEN Hindi

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Delhi-Mumbai SPV may get to monetise toll plazas of National Highway-48

May borrow Rs 9,000 cr this year even as it has offers of Rs 29,000 cr

Earlier this year, the NHAI came out with the new BOT guidelines to bring private players back to this mode of road construction
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The expressway is expected to be completed by March 2024

Megha Manchanda New Delhi
The expressway is expected to be completed by March 2024
Delhi-Mumbai Expressway Development, a special purpose vehicle (SPV) created by the National Highways Authority of India (NHAI), may get toll plazas of the existing highway for monetisation.

It is learnt that five toll plazas on national highway-48 (NH-48) will be transferred to the SPV to provide a cushion to the new expressway. The proposal means that those plazas would be a steady revenue stream for the SPV. NH-48 starts in Delhi and terminates in Chennai. It passes through

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