Business Standard

New build-operate-transfer model addresses national highway traffic risk

The traffic projections would be for certain time periods starting from five, 10, 15 years, and onwards

Earlier this year, the NHAI came out with the new BOT guidelines to bring private players back to this mode of road construction
Premium

Earlier this year, the NHAI came out with the new BOT guidelines to bring private players back to this mode of road construction

Megha Manchanda New Delhi
The much-awaited new norms for national highway projects on build-operate-transfer (BOT) model will have sweeteners to entice the private sector back to the mode that almost vanished from the scene for years due to some challenges.

The Union government seems to have addressed those challenges in the final norms that may have some monetary relaxations for the contractors in the absence of estimated traffic, two officials told Business Standard.

The traffic estimation will be done by the ministry of road transport and highways and the National Highways Authority of India (NHAI). “If the traffic falls below the estimates, the concessionaires

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 27 2020 | 6:02 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com