Centre plans to lease out 10 more national highways to raise Rs 6,600 crore - News Summed Up

Centre plans to lease out 10 more national highways to raise Rs 6,600 crore


The market has shown great appetite for investing in national highways. “The packages that will be bid out are being identified.”The government recently concluded the auction process for leasing out nine national highways in Gujarat and Andhra Pradesh. Sydney-headquartered Macquarie Group won the TOT bid of nine national highways with a total length of just under 700 km. More national highways will be added to the list soon.“The kind of success we have got is unprecedented. I think we will be able to get more than Rs 1 lakh crore through the TOT model,” road transport and highways minister Nitin Gadkari said on Wednesday.


Source: Economic Times March 07, 2018 18:25 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */