The National Highways Authority of India (NHAI) will shortly receive Rs 2,400 crore in toll-operate-transfer (TOT) earnings from two operational highway segments totaling 246 km.
According to sources, Mumbai-based Sekura Roads got the sixth TOT bundle with an offer of Rs 1,107 crore, while Indore-based Path Highways won the eighth bundle with a proposal of Rs 1,314 crore, as financial bids for the two TOT bundles were launched.
The profits from the TOT will be utilised to construct new roadway segments and pay off debt. The debt of the NHAI was Rs 3.38 trillion at the end of November last year.
