TOT Bundles 13 and 14 Awarded by NHAI For Rs 9,384 Crore

Toll, operate, and transfer (TOT) bundles 13 and 14 with a combined length of 273 km have been awarded by the National Highways Authority of India for Rs 9,384 crore, bringing the total TOT bundles issued in FY 2023-24 to Rs 15,968 crore. This is greater than the Rs 10,000 crore monetization target set by the Ministry of Road Transport and Highways for the current fiscal year.

IRB Infrastructure Trust has been granted the TOT bundle 13, which includes the Kota Bypass and Stay Bridge on NH-76 in Rajasthan, as well as the Gwalior-Jhansi section of NH-75 in Madhya Pradesh and Uttar Pradesh.

Cube Highways and Infrastructure has been granted the TOT bundle 14 contract, which includes the Delhi-Meerut Motorway and the Delhi-Hapur stretch of NH-9 in the states of Delhi and Uttar Pradesh, as well as the Binjabahal to Teliebani section of NH-6 in the state of Odisha.

The concession period is for 20 years in which concessionaires would be required to maintain and operate the stretch. Concessionaires will collect and retain user fees for these stretches in accordance with prescribed fee rates under NH Fee Rules.

TOT model has been instrumental in unlocking the potential of the road network and has helped to the development of the country’s world-class national highway network.