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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Murdoch ally helps Ambani build media empire in India
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