NHAI asset monetisation: Cabinet approves TOT model for national highways

The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport and Highways or NHAI on a case-to-case basis

The government on Wednesday approved amendments proposed to the toll-operate-transfer (TOT) model for national highways. The Cabinet Committee on Economic Affairs (CCEA) has given its approval to the amendments proposed in the TOT model by the National Highways Authority of India (NHAI), Finance Minister Nirmala Sitharaman said.
 
Public-funded national highway projects that are operational and have toll revenue generation history of one year after the commercial operations date (COD) will be monetised through the TOT model, Sitharaman said after the CCEA meeting. The monetisation will be subject to approval of the competent authority in the Ministry of Road Transport