Under the Toll Operate-Transfer (TOT) model, which is aimed at monetizing India's publicly funded national highway projects, whereby, the National Highways Authority of India plans to lease as many as 75 operational national highway projects generating toll revenues for at least two years. Singapore-based Cube Highways and Infrastructure Pvt. Ltd, is currently negotiating with Canadian pension fund Caisse de Dépôt et Placement du Québec (CDPQ) to generate $200 million ensuring funding flow for the targeted projects. Cube Highways is a joint venture between private equity firm I Squared Capital and International Finance Corp. (IFC), the private investment arm of the World Bank and both have invested heavily in India's infrastructure sector as CDPQ, the second largest pension fund in Canada, has invested around $3 billion till date in the infrastructure sector in India. Under the TOT model, the right of collection of user-fee or toll in respect of selected operational national highway stretches constructed through public funding is proposed to be assigned for a specific period to developers and investors against upfront on time payment to the government.
📅Published on:
06 March 2017
🔗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.
