 "road construction")
As many as four firms have submitted their bids for the first batch of toll-operate-transfer projects, kick-starting the Union government’s road contract monetisation plan.
MAIF 2 Investment India 2 Pte Ltd, Singapore, IRB Infrastructure Developers Ltd, Mumbai, Spice Holding I Pte Ltd, Singapore, and a consortium of Roadies Concessions Infrastructure Holland BV, Netherlands & NIIF Delhi have submitted bids for the nine TOT contracts offered by the National Highways Authority of India (NHAI).
By tendering these contracts, the central government would receive upfront payments that would further be invested in the EPC (engineering-procurement-construction) contracts and hybrid-annuity projects to be offered
