Adani, DP Jain Infra highest bidders for NHAI’s TOT-5 auction

08 Mar 2021 CW Staff

The National Highways Authority of India (NHAI) has raised around Rs 630 crore more than the base price for its fifth round of toll operate transfer (TOT) auctions.

Last year, in September, NHAI had invited bids for the fifth TOT bundle package, its smallest ever tender for asset monetisation, without a base price, as it looked to get better price bids for its operating assets.

Separate bids were invited for the two bundles, each consisting of one national highway stretch in Gujarat. The total length of the two bundles is around 160 km.

DP Jain and Co Infrastructure and Adani Enterprises, which emerged as the highest bidders in the 5A-1 and 5A-2 packages last month, are now set to secure the respective bids.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

The bundle has been divided into two parts—5A-1 and 5A-2, and both companies quoted the highest prices, respectively. The reserve price of 5A-1 was Rs 800 crore, while that for 5A-2 was Rs 821 crore, NHAI told the media.

Adani Enterprises placed the highest bid at Rs 1,011 crore for 5A-1, while Nagpur based DP Jain and Co bid Rs 1,251 crore for the 5A-2 bundle.

NHAI has disclosed the reserve price for TOT-5. The authority received bids worth Rs 2,252 crore against a reserve price of Rs 1,621 crore.

Cube Highways, Indian Highways Concessions Trust, PATH, and IRB were the other bidders for the TOT bundles.

TOT Bundle-1 of NHAI, consisting of nine projects totalling 681 km of highways, was awarded in 2018. TOT-2 and TOT-4 were cancelled, while TOT-3 was awarded to Cube Highways for a price of Rs 5,011 crore last year.

Image source

Also read: Bids invited for the fifth bundle of highway projects

Also read: Adani Enterprises bags Rs 1,838 cr highway project in Kerala

The National Highways Authority of India (NHAI) has raised around Rs 630 crore more than the base price for its fifth round of toll operate transfer (TOT) auctions. Last year, in September, NHAI had invited bids for the fifth TOT bundle package, its smallest ever tender for asset monetisation, without a base price, as it looked to get better price bids for its operating assets. Separate bids were invited for the two bundles, each consisting of one national highway stretch in Gujarat. The total length of the two bundles is around 160 km. DP Jain and Co Infrastructure and Adani Enterprises, which emerged as the highest bidders in the 5A-1 and 5A-2 packages last month, are now set to secure the respective bids.4th Indian Cement Review Conference 202117-18 March Click for event info The bundle has been divided into two parts—5A-1 and 5A-2, and both companies quoted the highest prices, respectively. The reserve price of 5A-1 was Rs 800 crore, while that for 5A-2 was Rs 821 crore, NHAI told the media. Adani Enterprises placed the highest bid at Rs 1,011 crore for 5A-1, while Nagpur based DP Jain and Co bid Rs 1,251 crore for the 5A-2 bundle. NHAI has disclosed the reserve price for TOT-5. The authority received bids worth Rs 2,252 crore against a reserve price of Rs 1,621 crore. Cube Highways, Indian Highways Concessions Trust, PATH, and IRB were the other bidders for the TOT bundles. TOT Bundle-1 of NHAI, consisting of nine projects totalling 681 km of highways, was awarded in 2018. TOT-2 and TOT-4 were cancelled, while TOT-3 was awarded to Cube Highways for a price of Rs 5,011 crore last year. Image source Also read: Bids invited for the fifth bundle of highway projects Also read: Adani Enterprises bags Rs 1,838 cr highway project in Kerala

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..