NHAI awards toll, operate and transfer projects of 273 km for Rs 9,384 cr

State-owned NHAI awarded Toll, Operate and Transfer (TOT) projects of a combined length of 273 km for Rs 9,384 crore to successful bidders, an official statement said on Monday. The financial bids were opened on November 14, 2023, and with the approval of the concerned authorities, the letters of award were issued within a day to the successful bidders. According to the statement, the TOT bundle 13 includes Kota Bypass and Stay Bridge on NH-76 in Rajasthan, as well as the Gwalior-Jhansi section of NH-75 in the states of Madhya Pradesh and Uttar Pradesh awarded to IRB Infrastructure Trust for Rs 1,683 crore. TOT bundle 14, which consists of the Delhi-Meerut Expressway including the Delhi-Hapur section of NH-9 in the states of Delhi and Uttar Pradesh, as well as Binjabahal to Teliebani section of NH-6 in the state of Odisha, has been awarded to Cube Highways and Infrastructure Pte Ltd for Rs 7,701 crores, it added. The concession period of TOT bundles is 20 years during which ...