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NHAI monetises two completed national highway stretches for INR 6,584 cr, ET Auto

The National Highways Authority of India (NHAI) has successfully auctioned two completed highway stretches for a total of INR 6,584 cr under its monetisation programme. The first project, the 84-km Allahabad Bypass in Uttar Pradesh, was awarded to Cube Highways for INR 2,156 cr, while the Lalitpur–Sagar-Lakhnadon (316 km) project in Uttar Pradesh and Madhya Pradesh was awarded to IRB Infra Trust for INR 4,428 cr. The private players will be responsible for maintaining and operating the hig...
Madhya Pradesh Uttar Pradesh Authority Of India National Highways Authority Allahabad Bypass Cube Highways

​NHAI awards two TOT bundles for Rs 6500 crore

​TOT model has been developed to encourage private participation in the highway sector. Till now, NHAI has monetized 1614 km of projects for Rs 26,366 crore (excluding ToT bundle 11 and 12) through ToT and 636 km of projects for Rs 10,200 crore through InVIT.​Till now, NHAI has monetized 1614 km of projects for Rs 26,366 crore (excluding ToT bundle 11 and 12) through ToT and 636 km of projects for Rs 10,200 crore through InVIT, it said.
Uttar Pradesh Madhya Pradesh Santosh Kumar Yadav Authority Of India National Highway Authority National Highway

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