Wednesday, June 25, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

TOT Bundle II: Bid submission 19 Dec 2018

Fiinews by Fiinews
December 5, 2018
in Banking & Finance, Infrastructure, Investment, Projects, Roads
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

On offer: 12 Toll Plazas for 586-km of NH

 

The submission of bids investors for second bundle of Toll-Operate-Transfer (TOT) for over 586-km of National Highways (NH) will close on 19 Dec 2018.

This Highways with 12 Toll Plazas are over four states – Rajasthan, Gujarat, West Bengal and Bihar.

Road Transport & Highways Minister Nitin Gadkari had initiated this process through a Road Show in Mumbai on the 15 Nov 2018, inviting prospective investors to be a part of the TOT projects.

Foreign investors have expressed huge interest in the concept during the bid process of TOT Bundle I.

TOT Bundle II offers operational highways with a proven tolling history of at least 2 years.

These are:

Rajasthan: Chittorgarh – Kota & Chittorgarh Bypass 160-50-km NH 27 with 3 Toll Plazas.

Rajasthan: Swaroopganj – Pindwara & Pindwara – Udaipur 1200 NH 27 with 2 Toll Plazas.

Rajasthan-Gujarat: Palanpur/Khemana-Abu Road 45-km NH 27 with one Toll Plaza.

Gujarat: Jetpur Somnath 102.26-km NH 151 with two Toll Plazas.

Bihar: Purnea Dalkhola 36.30-km NH 31 with one Toll Plaza.

West Bengal: Dalkhola Islampur 51.97 km NH 31 with one Toll Plaza.

West Bengal: Islampur-Sonapur–Ghoshpukur 44-km NH 31 one Toll Plaza.

West Bengal: Salsalabari-West Bengal Assam Border Section 26.50-km NH31C one Toll Plaza.

TOT is a model for monetizing operational National Highways projects, said a release Ministry of Road Transport and Highways on 4 Dec 2018.

The investor makes a lump sum payment in return for long term toll collection rights backed by a sound tolling system.

The concession period is 30 years.

Up to 49% divestment is allowed till two years of the concession period.

Up to 10% change in ownership is allowed after two years.

The investor is de-risked from undertaking any construction.

If required, the National Highway Authority of India (NHAI) will conduct capacity augmentation at its own cost.

The first TOT bundle of 9 projects, totalling approximately 681-km of roads in Andhra Pradesh and Gujarat, was awarded in 2018.

TOT Bundle-I was awarded to Macquarie for Rs.9,681 Crore, which was 1.5 times the Authority’s estimate. NHAI did a financial closure of this project 29 of August 2018 in New Delhi. fiinews.com

Tags: Ministry of Road Transport and HighwaysNational Highway Authority of IndiaNitin Gadkari
ShareTweetShare

Related Posts

PIB
Projects

Project: TDB supports BatX’s battery recycling

by Fiinews
June 24, 2025
0
19

Renewables must be recycled through robust process, says Pathak The Technology Development Board (TDB), Department of Science & Technology (DST),...

Capital A Logo
Investment

Invest: Manufacturers urged to embrace technology

by Fiinews
June 25, 2025
0
13

Kedia set to invest Rs.400cr fund in Tier-II & -III cities Given the Indian Government’s generous incentives, the manufacturing sector...

Campus Fund

Invest: Campus Fund backs first-time founders

June 23, 2025
15

Tech: BSNL Quantum 5G FWA soft launched

June 22, 2025
13
Steel Cutting Of Navy Ship

Project: HSL holds FSS steel cutting ceremony

June 22, 2025
13
PIB

Project: Anti-Submarine INS Arnala commissioned

June 20, 2025
21
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: CVI shows uptick in economic activity
  • Export: Credlix launches India-Mexico service
  • Project: TDB supports BatX’s battery recycling
  • Manufacturing: MHI launches EV SPMEPCI
  • Market: Vedanta 2.0 has crucial role in economy

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.