NHAI's First Asset Monetisation Deal This Fiscal Set To Secure Rs 6,000 Crore Under ToT Model
The National Highways Authority of India (NHAI) is set to generate over Rs 6,000 crore in its first asset monetisation deal this fiscal year.
The financial bids for Bundle 11 and Bundle 12 have been opened and are currently being evaluated. The successful bidders will be awarded the highways in the next two to three weeks, reports Financial Express.
These bundles are being monetised through the toll operate transfer (ToT) model — where an outside investor pays an upfront amount to take over the right to collect toll on a publicly funded asset. This right is valid for 30 years, after which the asset will revert back to NHAI, the owner.
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