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NHAI Targets Rs 540 Billion Through Highway Monetisation
The National Highways Authority of India (NHAI) has identified 86 national highway stretches, spanning approximately 4,912 km, for monetisation under the Toll-Operate-Transfer (TOT) model. This initiative allows private entities to lease highway assets for 15-30 years in exchange for an upfront concession fee, granting them the right to operate, maintain, and collect tolls. Having already monetised five stretches (Bundles 11, 12, 13, 14, and 16), NHAI plans to award three additional bundles by the end of the current financial year. The authority aims to raise Rs 540 billion in FY 2025 through ..
Adani Road Transport Tops Bid for Tamil Nadu Highway
Adani Road Transport has emerged as the highest bidder to manage a 124-km stretch of the Trichy-Thuvarankurichi-Madurai national highway (NH-38) in Tamil Nadu under the Toll-Operate-Transfer (TOT) model. The company submitted a Rs 16.92 billion offer, surpassing bids from IRB Infrastructure Developers (Rs 14.85 billion), Epic Concessions (Rs 11.52 billion), and Prakash Asphaltings & Toll Highways (Rs 8.76 billion). The National Highways Authority of India (NHAI) opened the financial bids and is expected to award the contract to the top bidder after securing approval from its board, according ..
Key Milestone Achieved in Mumbai-Ahmedabad Bullet Train Project
The Mumbai-Ahmedabad Bullet Train Project has reached a significant milestone with the completion of a 210-meter-long pre-stressed concrete (PSC) bridge over National Highway-48 at Dabhan village near Nadiad, Kheda district, Gujarat. This bridge, situated between the Anand and Ahmedabad bullet train stations, was finalised on January 9, 2025. Constructed using the Balanced Cantilever Method, the bridge features 72 precast segments and spans configured as 40 meters + 65 meters + 65 meters + 40 meters. According to the National High-Speed Rail Corporation Ltd., this method is ideal for longer s..
