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 Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Infrastructure Urban

09 Jan 2026

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..