 "The first TOT bundle received bids 1.5 times more than the base price. The contract was bagged by Macquarie at Rs 9,681 cr")
The National Highways Authority of India (NHAI) would offer 1,500 km — 32 projects — under the Toll-Operate-Transfer (TOT) model this financial year as it chalks out a fresh monetisation plan.
Keeping in mind the impact of the second wave of Covid-19, the projects on offer would be decided on a case-by-case basis. “It is not advisable to receive bids when the traffic is fluctuating due to Covid-related restricted movement. We will wait for the traffic to stabilise before the next bundle of TOT bids,” a senior NHAI official told Business Standard.
The authority has so far generated over Rs 17,000 crore
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