 "Road monetisation model to be adopted for inland waterways project")
After the success of road monetisation contracts, those under the Union government’s ambitious inland waterways project would soon be offered via tender for operation and maintenance to the private sector, on a long-term basis.
After being built by the central government, the idea is to give on tender for 30 years, to also build warehousing and logistics facilities, fuel bunkering, etc.
The first operate-maintain-transfer (OMT) contract would be the Varanasi multi-modal project on National Waterway (NW)-1, a senior official at the Inland Waterways Authority of India (IWAI) told Business Standard.
The Request for Qualification or preliminary bids for the contract
