The NHAI has exceeded its 2023-24 monetisation target by awarding toll, operate, and transfer (TOT) bundles 13 and 14 for a total of Rs 93.84 billion. This achievement raises the total TOT bundles awarded in the current fiscal year to Rs 159.68 billion, surpassing the initial target of Rs 100 billion.
TOT bundle 13, encompassing key sections in Rajasthan, Madhya Pradesh, and Uttar Pradesh, was secured by IRB Infrastructure Trust for Rs 16.83 billion. Cube Highways and Infrastructure secured TOT bundle 14, covering stretches in Delhi, Uttar Pradesh, and Odisha, for Rs 77.01 billion.
The concession period for these bundles spans 20 years, during which concessionaires will manage, operate, and collect user fees in accordance with NH Fee Rules.
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