Stretch of Udaipur-Pindwara highway to be brought under Toll


Stretch of Udaipur-Pindwara highway to be brought under Toll

Stretch of Udaipur-Pindwara highway is set to come under Toll-operate-Transfer (TOT) model soon. This is part of 12 toll plazas across four highways which will be brought under the TOT model.

 
Stretch of Udaipur-Pindwara highway to be brought under Toll

Stretch of Udaipur-Pindwara highway is set to come under Toll-operate-Transfer (TOT) model soon. This is part of 12 toll plazas across four highways which will be brought under the TOT model.

TOT is a model for monetising operational national highways projects, where investors make a lump sum payment in return for long-term toll collection rights backed by a sound tolling system.

This is the second tranche of bringing highways under TOT model. The maiden bundle of nine highway projects under TOT was a huge success, which was over subscribed and had fetched NHAI Rs 9,681 crore.

Union minister for roads and highways Nitin Gadkari said that he expected the second tranche to fetch over Rs 10,000 crore.

The second tranche covers 12 toll plazas in 4 highways falling under four states of Rajasthan, Gujarat, Bihar and West Bengal.

The identified stretches include: Chittorgarh-Kota and Chittorgarh Bypass, Swaroopganj-Pindwara and Pindwara-Udaipur, Palanpur/Khemana-Abu Road, Jetpur-Somnath, Purnia-Dalkhola, Dalkhola-Islampur, Islampur-Sonapur-Ghoshpukur and Salsalabari-West Bengal Assam Border Section.

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