Four Infrastructure Giants Compete for TOT Bundle 15
ROADS & HIGHWAYS

Four Infrastructure Giants Compete for TOT Bundle 15

IRB Infrastructure Developers, Epic Concessions, Adani Roads, and PATH (Prakash Asphalting & Toll Highways) have placed bids for the 124-km stretch of the four-lane Trichy-Tovrankurichi-Madurai section under the toll-operate-transfer (TOT) Bundle 15.

The National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways, will assess the technical bids first, followed by financial bid evaluations before finalizing the contract.

“The technical bids for TOT Bundle 15 were opened today. After assessment, we will review the financial bids in about a week or 10 days,” a senior official mentioned.

The contract is expected to be awarded by the first week of January, according to the official.

Under the TOT model, a private entity is granted the right to operate, maintain, and collect tolls on national highway assets for a period of 15-30 years, in exchange for a one-time concession fee paid to the government.

NHAI has identified 86 stretches, covering a total of approximately 4,912 km, for monetization.

Up until February, the Ministry of Road Transport and Highways had raised Rs 1 lakh crore through asset monetization, including Rs 42,334 crore via TOT, Rs 26,125 crore through infrastructure investment trusts, and Rs 42,000 crore via securitization.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

IRB Infrastructure Developers, Epic Concessions, Adani Roads, and PATH (Prakash Asphalting & Toll Highways) have placed bids for the 124-km stretch of the four-lane Trichy-Tovrankurichi-Madurai section under the toll-operate-transfer (TOT) Bundle 15. The National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways, will assess the technical bids first, followed by financial bid evaluations before finalizing the contract. “The technical bids for TOT Bundle 15 were opened today. After assessment, we will review the financial bids in about a week or 10 days,” a senior official mentioned. The contract is expected to be awarded by the first week of January, according to the official. Under the TOT model, a private entity is granted the right to operate, maintain, and collect tolls on national highway assets for a period of 15-30 years, in exchange for a one-time concession fee paid to the government. NHAI has identified 86 stretches, covering a total of approximately 4,912 km, for monetization. Up until February, the Ministry of Road Transport and Highways had raised Rs 1 lakh crore through asset monetization, including Rs 42,334 crore via TOT, Rs 26,125 crore through infrastructure investment trusts, and Rs 42,000 crore via securitization.

Next Story
Resources

KPIL Bags New Orders of Rs 10.11 Billion

Kalpataru Projects International Limited (KPIL), along with its international subsidiaries have secured new orders/notification of awards of Rs 10.11 billion (bn). The company has received news order in the Transmission & Distribution (T&D) business in overseas market, in the Railway business in India and in the Buildings & Factories (B&F) business in India Manish Mohnot, MD & CEO, KPIL, said, “We are pleased with the strong momentum in order inflows, which has significantly strengthened our order book, with YTD inflows now exceeding Rs 173 bn. Notably, 85 per cent of t..

Next Story
Building Material

Antica Ceramica’s Tile Collection Blends Luxury and Practicality

Antica Ceramica, a leader in innovative tile design, has recently launched a new marble-look tile collection that combines the elegance of natural marble with the durability and ease of maintenance of porcelain tiles. This collection is set to transform spaces in residential, commercial, and hospitality settings, offering architects, interior designers, and homeowners the ideal solution for creating sophisticated, timeless interiors with minimal upkeep.One of the key advantages of marble-look tiles is their resistance to common issues associated with natural marble. These tiles are highly resi..

Next Story
Infrastructure Transport

IndiGo and AAI Launch Zero-Waste Airport Project at Indore

IndiGo, through its CSR arm IndiGoReach, has partnered with the Airports Authority of India (AAI) and the AAS Foundation, Indore, to roll out the Zero-Waste Airport Project at Indore Airport. The initiative focuses on the 4R strategy—Reduce, Reuse, Recycle, and Recover—to minimise environmental impact and set a benchmark in sustainable waste management for the aviation industry. The project processes 750 kg of daily airport waste on-site, reducing reliance on traditional disposal methods. A Material Recovery Facility (MRF) segregates dry waste into 10 categories for recycling, while a Wet..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000