NHAI to get Rs 10,000 cr: Gadkari

NHAI to get Rs 10,000 cr: Gadkari

Overwhelmed with the response for the first tranche of highway projects under the toll-operate-transfer (TOT) model, union minister for roads and highways Nitin Gadkari Thursday said he expects the second tranche to fetch over Rs 10,000 crore.

The maiden bundle of nine highway projects under TOT was a huge success, which was over subscribed and had fetched NHAI Rs 9,681 crore.

“We are positive that the second round will also get a similar response. I personally expect it to fetch Rs 10,000 crore, more than what we got for the first tranche,” Gadkari told reporters here. The minister was in the megapolis here to attend the road show organised by the ministry and NHAI to attract investors for the second tranche of highway projects of 586 km under toll-operate-transfer (TOT) basis.