+
NHAI Awards Two Toll-Operate-Transfer bundles for Rs.9.384 billion
ROADS & HIGHWAYS

NHAI Awards Two Toll-Operate-Transfer bundles for Rs.9.384 billion

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 Rs.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 Rs.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.

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 Rs.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 Rs.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.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?