Auction to lease out 11 NHs under toll operate transfer in mid September.
The road transport and highways ministry is set to invite bids for 11 national highways next month under its a toll-operate-transfer (TOT) model as it seeks to raise Rs 6,500 crore. The auction will involve seven highways running across Andhra Pradesh and four in Gujarat. The total length of these highways is just under 700 km.The bidding will begin in mid-September.
More such projects would be lined up for bidding early next year. Under the TOT model, pension funds and PE firms are allowed to lease government-owned national highways for 30 years for an upfront payment. The lessee, in turn, gets the right to collect the toll, operate, manage and maintain the highway stretch.
The National Highways Authority of India (NHAI) is likely to provide a risk cover to the lessee for any unforeseen circumstances such as a rapid fall in toll collection and any structural or engineering fault on the highway.
Current Issue
01-2026
