Monetise Toll Assets

Government readies new plan to monetise toll assets. The National Highways Authority of India (NHAI) had invited bids for the fourth round of toll-operate-transfer (TOT) auctions in October last year to raise Rs 4,170 crore, with a total of seven road stretches having a cumulative length of 400 km. The authority has now downsized the package, reducing the initial estimated concession value (IECV)—the base price of the bid—to Rs 2,165 crore. The concession period of the bundle has now been reduced to 20 years.

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