NHAI awards toll-operate-transfer bundle projects

25 Dec 2023 CW Team

The National Highways Authority of India (NHAI) has taken a significant step forward in bolstering the country's infrastructure by awarding two Toll-Operate-Transfer (TOT) bundles. Valued at an impressive ?9.384 billion, these projects signify a crucial investment in the enhancement of India's highway network. The TOT model involves private entities operating and maintaining the toll collection on selected highway stretches, contributing to the overall development of the transportation sector. In the latest move, NHAI has granted these bundles to private entities, marking a strategic collaboration between the public and private sectors. The decision aligns with the government's commitment to accelerating infrastructure development and meeting the growing demands of a burgeoning economy. The first bundle encompasses key highway sections, strategically selected to improve connectivity and efficiency in transportation. Simultaneously, the second bundle targets another set of critical routes, forming a comprehensive approach to infrastructure expansion. The infusion of ?9.384 billion into these projects reflects a substantial commitment towards fostering economic growth and facilitating smoother, more accessible travel across the nation. This initiative is poised to unlock opportunities for employment, stimulate economic activities, and enhance overall connectivity. The awarded projects are expected to play a pivotal role in reducing travel time, boosting trade, and promoting regional development. As India continues to march towards its ambitious infrastructure goals, collaborations such as these underscore the importance of public-private partnerships in achieving sustainable and robust growth.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..