 "Lower total size in next round of road monetisation")
The Union road transport ministry and the National Highways Authority of India (NHAI) have decided to reduce by half the size of road monetisation projects in the next round of bids.
The next round for TOT (toll, operate, transfer) projects would have a handful projects totalling about $500 million, from $1 billion earlier.
“The total project size has been reduced to half but the packages would still be in the range of $200-220 million,” an NHAI official told Business Standard. Essentially, he explained, for faster completion of the tendering process.
The process for the first tranche of road monetisation is
