Adani Road Transport Limited has emerged as the highest bidder for toll-operate-transfer (TOT) bundle 15 with a bid of Rs 16.92 billion. Under TOT 15, the concessionaire will have toll collection rights for 20 years. Other bidders for the latest TOT bundle included IRB Infrastructure, EPIC Concessions, and Prakash Asphalting and Toll Highways. TOT 15 comprises a four-lane 124 km highway stretch from Trichy to Madurai and Tovrankurichi in Tamil Nadu. In case the bid is accepted, it will mark the second monetisation through TOT in 2024-25.
