The ministry of road transport and highways has invited bids for over eight projects under the toll-operate-transfer mechanism entailing an investment of ₹5,362 crore and covering a stretch of 586.55 km. This is the second round of the scheme as in the first, under which the government auctioned nine roads covering 681 km, fetched the government ₹9,681 crore, 1.5 times the base price. The ministry has so far identified 75 highways for monetization of which eight projects on offer in round 2, two are in Rajasthan, one in Gujarat, one shared between Rajasthan and Gujarat, one in Bihar and three in West Bengal. Under the scheme, the government gets a lump-sum upfront while the private concessionaire gets an-already operating asset for 30 years. It has to full fill the operation and maintenance obligations but is free from the hassle of any capacity expansion and that will be executed by NHAI.
📅Published on:
31 August 2018
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
