Toll Operate Transfer (TOT) Model

On 29th October, 2023, the National Highways Authority of India (NHAI) recently awarded two highway monetisation projects worth Rs 6,584 in the toll, operate, and transfer (TOT) mode.

About TOT Mode

  • In 2016, the Cabinet Committee on Economic Affairs (CCEA) authorised the National Highway Authority of India (NHAI) to monetise public-funded national highway projects and approved the TOT model.
  • In the TOT model, public-funded projects, operational for two years, are put up for bidding, wherein the right of collection and appropriation of fees is assigned for a predetermined concession period (30 years) to concessionaires (developers or investors) against the upfront payment ....
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