Tagged: Toll Operate Transfer

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FASTag: Datafication of India’s Tolls

FASTag itself is the brand name for the electronic toll collection (ETC) system operated by the National Payments Corporation of India (NPCI) along with various banks and Indian Highways Management Company Limited (IHMCL). As...

FASTag will hasten road assets sale, says NHAI 0

FASTag will hasten road assets sale

Electronic tolling through mandatory FASTag from December 15 should help accelerate monetising road assets in favour of global investors under the toll-operate transfer (TOT) model. HYDERABAD: India’s big push for electronic tolling through mandatory FASTag...

Infra companies seek more time to evaluate 3rd bundle of toll-operate-transfer highway projects 0

Evaluate toll-operate-transfer highway

Evaluating the highways ministry’s third bundle of toll-operate-transfer (TOT) highway projects, officials aware of the matter said. NEW DELHI: Leading infrastructure investors including Cube Highways, Macquarie Group, IRB Infrastructure and Larsen & Toubro (L&T)...

NHAI is not financially stressed, has PMO's backing: Nitin Gadkari 0

NHAI not financially stressed has PMO backing

Nitin Gadkari said that revenues from NHAI roads were on the rise and traffic density was expected to increase. “The National Highways Authority of India (NHAI) is not financially stressed,” Nitin Gadkari, Union minister for road transport...

NHAI to prioritise road projects on financial viability 0

NHAI to prioritise road projects on financial

NHAI has been exploring different ways of financing to meet its hefty road construction targets, amid limited budgetary resources. NEW DELHI: Eyeing asset monetisation in a big way, the government is now proposing to...

After muted TOT response, NHAI toys with equity offer to raise funds 0

NHAI toys with equity offer to raise funds

NHAI is working on re-bundling the second round of TOT auction, the new funding model seeks to garner interest from Indian investors and foreign institutional investors for greenfield projects. NEW DELHI: The National Highway...