NHAI extends bid date till December 19 for second round of TOT


NHAI extends bid date till December 19 for second round of TOT

National Highways Authority of India (NHAI) has extended the date to submit bids under the second phase of Toll-Operate-Transfer (TOT) till December 19, a release by the ministry said. “The submission of bids for second bundle of TOT will close on the 19th of this month,” the release said.

Moneycontrol had earlier reported that the original bidding period date had been extended by a month till December 5 to let investors “complete their due diligence”.

“This is a generic extension by a month at the behest of investors… They said they were yet to complete their due diligence before they could place bids,” a source had told Moneycontrol. Read More

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