The Union government will soon be back with the classic road construction model —build-operate-transfer (BOT) — four years after it introduced the hybrid annuity model (HAM) for executing highway projects. Returning to BOT will see private investment coming in upfront, which is expected to benefit the Centre as the exchequer will not have to pump in money in such projects.
Union Minister for Road Transport and Highways Nitin Gadkari said the government would look at reviving the BOT model.
Under BOT, private players build, operate and maintain the road for a specified period of time before transferring the asset back

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