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Monetisation by NHAI: Fourth TOT round looks doable after exclusion of one section

The chances of success for the fourth round of toll-operate-transfer (TOT) auction by the National Highways Authority of India (NHAI) have increased with the exclusion of the 60-km Pimpalgaon-Nashik-Gonde (PNG) section from the bundle, analysts said. They added that the stretch’s chequered history of political agitations was weighing heavily on the bidders’ minds.

Following the removal of the PNG stretch, the reserve price for the remaining six stretches, measuring 341.58 km, under the fourth TOT bundle has now come down to Rs 2,166 crore from Rs 4,170.31 crore originally set for all seven stretches. Read More

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