Two TOT projects will fetch NHAI Rs 4,200 crore

13 Jul 2022 CW Team

Under the toll-operate-transfer (TOT) model, the National Highways Authority of India (NHAI) will get an upfront payment of Rs 4,200 crore from the monetisation of two operational highway stretches totaling 200 km.

The ninth TOT bundle's highest bidder, National Investment and Infrastructure Trust (NIIF), has offered to pay Rs 3,011 crore for a 72-km stretch of NH-19 in Uttar Pradesh. For the ninth bundle, which consists of a 125-km stretch on NH-36 in Madhya Pradesh, Sekura Roads has made a bid of Rs 1,711 crore. On Monday, financial bids for the two TOT bundles were made public.

NIIF is a government-backed cooperative investment platform for foreign and Indian investors. A portfolio company of the Edelweiss Infrastructure Yield Plus fund is Sekura Roads.

To recuperate its investments, operators under the TOT model charge user fees on the stretches at the rates set forth by the NHAI. However, they are required to keep the stretches in good working order for the duration of the concession period, which for the ninth and tenth bundles is 15 years each.

Also read:
Dilip Buildcon backed as L-1 bidder for Rs 1400 crore project
Due to high input prices, highway construction slowed down in Q1

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..