Facing the prospect of low traffic volumes on some of its upcoming highways owing to parallel projects, the National Highways Authority of India (NHAI) has tweaked the second bundle of contracts to be offered under the toll-operate-transfer (TOT) model.
The stretches that were found saturated in terms of traffic volumes will now be replaced with those earmarked for the third tranche of bidding.
Two to three highway contracts, earlier selected for the third round, will be offered under the second round of TOT bidding. One such project lies between Bengaluru and Hyderabad on the north-south road corridor. It already has traffic of 35,000 PCUs (passenger car units a day). Read more