Pvt investment in highways likely to recover this fiscal
Financial Express Mumbai|April 17, 2024
THE SHARE OF privately funded highways in the overall award of projects this fiscal could touch the government's target of 10%, and the pace of construction will pick up further to reach 12,500-13,000 km, according to a research report by rating agency Icra.
MUKESH JAGOTA

In 2023-24 no highway projects were awarded under the Build Operate Transfer (Toll) model even though the National Highways Authority of India (NHAI) had prepared a list of 15 projects worth ₹44,412 crore for inviting bids by March-end. To bring back investor interest in BOT-Toll, the government in March came out with a revised model concession agreement. This provides enhanced construction support and higher compensation if traffic projections are not met.

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