NHAI awards TOT bundles worth Rs 159.68 bn in FY 2023-24
ROADS & HIGHWAYS

NHAI awards TOT bundles worth Rs 159.68 bn in FY 2023-24

The National Highways Authority of India (NHAI) has granted toll, operate, and transfer (TOT) bundles 13 and 14, covering a total distance of 273 km, for Rs 93.84 billion. This brings the total value of TOT bundles awarded in the fiscal year 2023-24 to Rs 159.68 billion, surpassing the set monetisation target of Rs 100 billion for the current fiscal year, as announced by the Ministry of Road Transport and Highways.

TOT bundle 13, encompassing the Kota Bypass and Stay Bridge on NH-76 in Rajasthan, along with the Gwalior-Jhansi section of NH-75 in Madhya Pradesh and Uttar Pradesh, has been granted to IRB Infrastructure Trust for Rs 16.83 billion.

In parallel, TOT bundle 14, which includes the Delhi-Meerut Expressway and the Delhi-Hapur section of NH-9 in Delhi and Uttar Pradesh, as well as the Binjabahal to Teliebani section of NH-6 in Odisha, has been awarded to Cube Highways and Infrastructure for Rs 77.01 billion.

According to the road ministry's statement, the concession period for TOT bundles is 20 years, during which concessionaires are obligated to maintain and operate the designated stretches. In return, concessionaires will collect and retain user fees for these segments, adhering to the prescribed fee rates under NH Fee Rules.

Previously, in October 2023, NHAI had awarded TOT bundles 11 and 12, covering a combined length of 400 km, for Rs 65.84 billion. These bundles included the Allahabad Bypass on NH19 in Uttar Pradesh and the Lalitpur?Sagar?Lakhnadon section in Uttar Pradesh and Madhya Pradesh.

The TOT model, designed to encourage private involvement in the highway sector, has played a crucial role in unlocking the value of the road network, contributing to the development of a world-class national highway network in the country, as per the road ministry's statement.

The National Highways Authority of India (NHAI) has granted toll, operate, and transfer (TOT) bundles 13 and 14, covering a total distance of 273 km, for Rs 93.84 billion. This brings the total value of TOT bundles awarded in the fiscal year 2023-24 to Rs 159.68 billion, surpassing the set monetisation target of Rs 100 billion for the current fiscal year, as announced by the Ministry of Road Transport and Highways. TOT bundle 13, encompassing the Kota Bypass and Stay Bridge on NH-76 in Rajasthan, along with the Gwalior-Jhansi section of NH-75 in Madhya Pradesh and Uttar Pradesh, has been granted to IRB Infrastructure Trust for Rs 16.83 billion. In parallel, TOT bundle 14, which includes the Delhi-Meerut Expressway and the Delhi-Hapur section of NH-9 in Delhi and Uttar Pradesh, as well as the Binjabahal to Teliebani section of NH-6 in Odisha, has been awarded to Cube Highways and Infrastructure for Rs 77.01 billion. According to the road ministry's statement, the concession period for TOT bundles is 20 years, during which concessionaires are obligated to maintain and operate the designated stretches. In return, concessionaires will collect and retain user fees for these segments, adhering to the prescribed fee rates under NH Fee Rules. Previously, in October 2023, NHAI had awarded TOT bundles 11 and 12, covering a combined length of 400 km, for Rs 65.84 billion. These bundles included the Allahabad Bypass on NH19 in Uttar Pradesh and the Lalitpur?Sagar?Lakhnadon section in Uttar Pradesh and Madhya Pradesh. The TOT model, designed to encourage private involvement in the highway sector, has played a crucial role in unlocking the value of the road network, contributing to the development of a world-class national highway network in the country, as per the road ministry's statement.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?