NHAI targets Rs 6,000-cr asset monetisation in this fiscal
The National Highways Authority of India (NHAI) expects to generate about Rs 6,000 crore in its first asset monetisation deal in the current financial year. The financial bids for two bundles of highways – Bundle 11 and Bundle 12 – have been opened and are being evaluated and the process of awarding the highways to the successful bidders would take a couple of weeks. These bundles are being monetised through Toll Operate Transfer (ToT) model. Under ToT Bundle 11, Allahabad bypass of the total length of 87km and in Bundle 12 highway stretch of 300km from Lalitpur in Uttar Pradesh to Lakhnadon in Madhya Pradesh will be transferred to the winning bidder.
📅Published on:
11 August 2023
🔗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
In a significant step towards institutionalizing professional and technology-driven Operations and Maintenance (O&M) of National Highway assets, the National
PNC Infratech has signed concession agreements with the National Highways Authority of India (NHAI) for two Hybrid Annuity Mode (HAM) highway projects in Uttar
The CSIR-Central Road Research Institute (CSIR-CRRI) has commenced its year-long Platinum Jubilee Celebrations with the launch of a nationwide first-phase
The Cabinet Committee on Economic Affairs (CCEA) has approved two major highway projects worth over Rs. 25,400 crore to decongest Varanasi and strengthen
Cube Highways Trust has secured strategic investment commitments worth Rs. 1,250 crore from marquee investors, including Premji Invest and HDFC Group, ahead of
Jaipur will replace its conventional fixed-timer traffic signal system with an Artificial Intelligence (AI)-based Intelligent Traffic Management System (ITMS)
Uttar Pradesh is poised for a significant expansion of its road network with projects worth nearly ₹60,000 crore aimed at strengthening connectivity across the
The 3rd BRICS Transport Ministers' Meeting concluded in Nagpur, Maharashtra, under India's BRICS Chairship 2026, with member countries unanimously adopting a
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.