MoRTH to start inviting bids on TOT basis in October 2016

The MoRTH is planning to start inviting bids to monestise public-funded toll plazas in October 2016, under the toll-operate-transfer (TOT) model. In August 2016, the CCEA authorised NHAI to monetise public-funded national highway projects. Projects which are operational and have been generating toll revenues for at least two years after the COD through the TOT model are eligible for monetisation. Around 75 operational national highway projects completed under public funding have been preliminarily identified for potential monetisation under the model.