NHAI cancels fourth TOT bundle; invites bids for fifth set of projects

The govt had to earlier cancel the second package of TOT because of tepid response while the third package ran into funding troubles for the Singapore-based operator Cube Highways

With the National Highways Authority of India (NHAI) inviting bids for the fifth round of road monetisation projects, the previous bundle that was to open on September 30 has been cancelled by the authority.

It is learnt that the order for annulment of the fourth bundle was issued by NHAI on Monday, September 28.

The Request for Proposal (RFP) for projects comprising seven stretches (Bundle-4) on Toll-Operate-Transfer mode has been annulled, sources said without divulging the reason for the cancellation.

NHAI has invited bids for the fifth bundle of National Highway Projects under the TOT mode in Gujarat. Separate bids