NHAI eyes Rs 4,995 crore from monetisation of 3rd bundle of highways under TOT model
There are nine highway stretches of 566.27 km in TOT Bundle-3 in states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu.
Looking to slash Rs 70K cr arbitration liability via conciliation: NHAI Chief
The National Highways Authority of India (NHAI) is looking to settle a majority of its arbitration cases, with claims running over Rs 70,000 crore, through conciliation, a move that is likely to reduce its liabilities.
NHAI could monetize 15,000 kms of National Highways by 2024-25
The government is pursuing the TOT model to help raise resources and attract private funding, which has remained subdued.
After muted TOT response, NHAI toys with equity offer to raise funds
This move by NHAI is aimed at attracting equity partners for highway projects.
NHAI plans to seek new investor for Mumbai-Pune Expressway
NHAI expects the new deal will value the expressway at $1-1.2 billion (Rs 7,000-8,000 crore), said two people close to the development.
NHAI may get favourable response in 3rd road assets auction: ICRA
The third auction assumes significance given that this is coming after an unsuccessful second bundle where investors quoted a discount to the NHAI's base price following which it was cancelled.
NHAI downsizes toll-operate-transfer-4 bid by Rs 2,000 crore
The authority has now downsized the package, reducing the base price of the bid—to Rs 2,165 crore.
TOT: The business model that could end all of India's infra blues
TOT, which is privatisation by another name, is already happening in the road sector and airports.
Paytm tots up 290 billion transactions
The company also said it was registering more than 1 billion monthly sessions by users logging into the application for payments and money transfers.
Road Ministry fixes December 19 as bid deadline for 2nd tranche of 8 road projects under TOT
After huge success of the maiden bundle of nine highway projects under TOT that fetched NHAI Rs 9,681 crore, the government has come out with the second tranche
NHAI to get Rs 10,000 cr in 2nd round of TOT highways: Nitin Gadkari
The maiden bundle of nine highway projects under TOT was a huge success, which was over subscribed and had fetched NHAI Rs 9,681 crore.
Government looking to sell road assets worth Rs 2 lakh crore
The government is seeking to monetise existing toll roads with NHAI to raise funds for new projects.
Highways sector to see Rs 15 lakh crore investments in 5 years: Nitin Gadkari
Armed with the new Motor Vehicles Act, e-tolling and instruments like InvIT, for Road Transport and Highways Minister Gadkari "funds have never been a problem or will be a problem" when it comes to highways or infrastructure building.
Bidding for TOT projects to be more competitive: India Ratings
According to India Ratings, the bids would be more competitive with less variance, since six out of nine assets to be bid under the TOT model are part of the Golden Quadrilateral.
NHAI signs first TOT agreement with Australia’s Macquarie
Under the model, the right to collect toll on nine selected national highway stretches has been assigned to Macquarie for 30 years against an upfront payment to the government.
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