The Cabinet Committee on Economic Affairs, CCEA, has approved the amendments proposed in the Toll Operate Transfer (TOT) Model by National Highways Authority of India. The Model would facilitate efficient toll realization through private sector. The CCEA approval will ensure a wider set of assets for Monetization and providing a more attractive model for the investors. The fund generated from such monetization shall be utilized for development of highways in the country, which will benefit users throughout the country.
Around 75 operational National highways projects have been identified for potential monetization using the TOT Model, and bundled into 10 separate bids to attract economics of scale for the private sector.