Telangana initiates monetisation of road assets through TOT at state level

Telangana has initiated the monetisation of road assets through the toll-operate-transfer model at the state level. It will help raise significant extra-budgetary resources for Telangana, which can be used for the development of other infrastructure assets. Recently, the Hyderabad Growth Corridor also started the process of monetising the Nehru Outer Ring Road in Hyderabad under this model, and appointed a consortium of LEA Associates South Asia and CRISIL Risk and Infrastructure Solutions as transaction advisors.