NHAI Extends 375 KM Highway via TOT to Private Sector
The TOT model allows private entities to take over the operation and maintenance of highway stretches, collecting toll revenue for a specified concession period. By offering an additional 375 kilometres, NHAI aims to leverage private sector expertise and resources to enhance the efficiency and quality of highway management.
This initiative is part of NHAI's broader approach to leveraging public-private partnerships for the development and maintenance of the national highway network. The inclusion of more stretches under TOT provides opportunities for private investors to contribute to the improvement and expansion of India's road infrastructure.
As NHAI continues to explore innovative financing and management models, the extension of the TOT initiative reflects a proactive stance in mobilising resources and expertise from the private sector. The move is expected to contribute to the overall development and maintenance of the country's roadways, ensuring better connectivity and efficiency in the transportation network.