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

19 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 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.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..