Govt to halve size of road monetisation contracts

The next round for TOT projects would have a handful projects totalling about $500 mn, from $1 bn earlier

Lower total size in next round of road monetisation

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Megha Manchanda New Delhi

Last Updated : Nov 02 2017 | 2:38 AM IST

The Union road transport ministry and the National Highways Authority of India (NHAI) have decided to reduce by half the size of road monetisation projects in the next round of bids.

The next round for TOT (toll, operate, transfer) projects would have a handful projects totalling about $500 million, from $1 billion earlier.

“The total project size has been reduced to half but the packages would still be in the range of $200-220 million,” an NHAI official told Business Standard. Essentially, he explained, for faster completion of the tendering process.

The process for the first tranche of road monetisation is

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