印度高速公路局将对400公里道路邀请招标

The National Highways Authority of India will soon invite bids for a cumulative 400 km of road stretches as it seeks to raise around Rs 4,000 crore. 

This will the fourth bundle of toll-operate-transfer (TOT) projects, and the second to be offered in the current financial year. 

The NHAI, which is working aggressively on its asset monetisation drive, has appraised the road stretches to be offered in Jammu & Kashmir, Maharashtra, Haryana, Gujarat and Madhya Pradesh, and a proposal for bids is likely to be out in October, an official said, asking not to be identified. 

"We have appraised the stretches, and the base value of the projects should be around Rs 4,000 crore," the official said. 

This could also be the last round of TOT auctions in the current financial year, as the third round of auctions are still underway. 

The government had introduced the TOT model in 2016 for monetisation of publicly-funded highways. Under this, investors make a one-time lump sum payment in return for long-termtoll collection rights.