NHAI puts 300-km of road assets under auction
ROADS & HIGHWAYS

NHAI puts 300-km of road assets under auction

The National Highway Authority of India (NHAI) is set to monetise road assets by putting a 300-km stretch to be auctioned under the toll-operate-transfer (TOT) model.

The roads under ToT 13 and 14 bundles include 28-km long Kota Bypass (NH-76) and 81-km long Gwalior-Jhansi (NH-75) under ToT 13; as well as the 60-km long Delhi-Meerut expressway (NH-334 DME), 51-km long Delhi-Hapur section (NH-24 and part of DME) and 79-km long Binjabahal-Teleibani road (NH-6). The estimated value is in the range of Rs 6000-7000 crore. The bids for these stretches are expected by September, 2023.

While NHAI is currently evaluating the bids for ToT 11 & 12 bundles, bids for the 361-km long Lalitpur-Lakhnadon stretch of NH-26 in Madhya Pradesh and 82-km long Allahabad Bypass were submitted in June, 2023.

Out of the six-lakh crore National Monetization Pipeline (NMP) of FY2022-25, the monetisation of road assets Rs 60 lakh crore has been estimated. In particular, NHAI is mandated to raise Rs 43,979 crore from asset monetisation during FY24.

Canadian fund CDPQ, KKR, Cube Highways and IRB Infrastructure Developers have evinced interest in acquiring 361-km long highway assets under ToT 12 auction by NHAI. The NHAI has awarded six TOT bundles, i.e., TOT-1, 3, 5A1, 5A2, 7 and 9, till date.

The National Highway Authority of India (NHAI) is set to monetise road assets by putting a 300-km stretch to be auctioned under the toll-operate-transfer (TOT) model.The roads under ToT 13 and 14 bundles include 28-km long Kota Bypass (NH-76) and 81-km long Gwalior-Jhansi (NH-75) under ToT 13; as well as the 60-km long Delhi-Meerut expressway (NH-334 DME), 51-km long Delhi-Hapur section (NH-24 and part of DME) and 79-km long Binjabahal-Teleibani road (NH-6). The estimated value is in the range of Rs 6000-7000 crore. The bids for these stretches are expected by September, 2023.While NHAI is currently evaluating the bids for ToT 11 & 12 bundles, bids for the 361-km long Lalitpur-Lakhnadon stretch of NH-26 in Madhya Pradesh and 82-km long Allahabad Bypass were submitted in June, 2023.Out of the six-lakh crore National Monetization Pipeline (NMP) of FY2022-25, the monetisation of road assets Rs 60 lakh crore has been estimated. In particular, NHAI is mandated to raise Rs 43,979 crore from asset monetisation during FY24.Canadian fund CDPQ, KKR, Cube Highways and IRB Infrastructure Developers have evinced interest in acquiring 361-km long highway assets under ToT 12 auction by NHAI. The NHAI has awarded six TOT bundles, i.e., TOT-1, 3, 5A1, 5A2, 7 and 9, till date.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?