The National Investment and Infrastructure Fund (NIIF) received a letter of award worth Rs 31,440 million for the implementation of Bundle 9 of a toll-operate-transfer project in Uttar Pradesh on January 24, 2023. The project involves the collection of toll on selected stretches assigned to the concessionaire for 20 years, against an upfront payment of a lump sum amount or concession fee to the Uttar Pradesh government.