FE
The Build Operate Transfer (BOT) model for highway construction is back, with the National Highways Authority of India (NHAI) calling bids for projects entailing combined investments of Rs 31,000 crore via this route.
In all, 8 key highway stretches including a greenfield access-controlled expressway is proposed to be developed in the BOT model, which has been dormant for several years due to risk aversion among private investors.
The total length of highways for which bids have been invited is 517.4 km and total project cost is expected to be Rs 30,975 crore, to be precise. These projects were part of the list of 15 highway stretches of 937 km that were to be awarded under BOT this financial year. The total project cost of the highways in that list was Rs 44412 crore.
