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Highway Monetisation by NHAI to Integrate Two More Highway Bundle Projects

National Highways Authority of India has decided to propose similar bundle projects for the prospect of highway monetisation, possibly by the end of May to generate suitable revenue for the execution of the ongoing and future highway projects.<br>

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Highway Monetisation by NHAI to Integrate Two More Highway Bundle Projects

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  1. H i g h w a y Mo n e t i s a t i o n b y N H A I t o I n t e g r a t e T w o Mo r e H i g h w a y B u n d l e P r o j e c t s Wi t h t h e i mp e n d i n g n a t i o n a l h i g h w a y p r o j e c t s u n d e r t h e B h a r a t ma l a P r o g r a mme , t h e N a t i o n a l H i g h w a y s A u t h o r i t y o f I n d i a i s e ff o r t l e s s l y w o r k i n g t o g a t h e r f u n d s f o r t h e s a me . T h e o r g a n i s a t i o n i s d e p l o y i n g mu l t i p l e w a y s t o g e n e r a t e t h e a mo u n t t h a t i s r e q u i r e d f o r t h e s u i t a b l e c o n s t r u c t i o n o f t h e i n f r a s t r u c t u r e c o n c e r n i n g t h e n a t i o n a l h i g h w a y s i n I n d i a . F o l l o w i n g s i g n i n g t h e i r v e r y fi r s t T O T a g r e e me n t w i t h t h e A u s t r a l i a n C o mp a n y , Ma c q u a r i e , a n d N H A I i s s e t t o a d d a n a d d i t i o n a l a mo u n t o f $ 2 mi l l i o n a f t e r a c q u i r i n g $ 1 . 6 mi l l i o n f r o m t h e c o mp a n y . T h i s i s e x a c t l y w h e r e t h e h i g h w a y b u n d l e p r o j e c t s a r e g o i n g t o c o me i n t o p l a y . T h e d e c i s i o n o f l a u n c h i n g t h e s e c o n d s e t o f b u n d l e p r o j e c t s w a s d e v i s e d a f t e r t h e s u c c e s s f u l i mp l e me n t a t i o n o f t h e fi r s t b u n d l e o f h i g h w a y mo n e t i s a t i o n . O w i n g t o t h e g r o w i n g s u c c e s s o f t h e s e p r o j e c t s , t h e N a t i o n a l H i g h w a y s A u t h o r i t y o f I n d i a h a s d e c i d e d t o p r o p o s e s i mi l a r b u n d l e p r o j e c t s f o r t h e p r o s p e c t o f h i g h w a y mo n e t i s a t i o n , p o s s i b l y b y t h e e n d o f Ma y t o g e n e r a t e s u i t a b l e r e v e n u e f o r t h e e x e c u t i o n o f t h e o n g o i n g a n d f u t u r e h i g h w a y p r o j e c t s . I n a r e c e n t i n t e r v i e w w i t h a n e s t e e me d d a i l y , Mr . D e e p a k K u ma r , t h e C h a i r ma n o f N H A I s a i d t h a t t h e y a r e p l a n n i n g o n p r o p o s i n g t w o t r a n c h e s o f h i g h w a y p r o j e c t s u n d e r t h e h i g h w a y mo n e t i s a t i o n s c h e me , b a s e d a r o u n d t h e t o l l , o p e r a t e a n d t r a n s f e r ( T O T ) mo d e l i n t h e mo n t h o f Ma y i t s e l f . H e f u r t h e r c l a i me d t h a t t h e t w o t r a n c h e s o f h i g h w a y p r o j e c t s w i l l i n c l u d e a r o u n d 1 8 - 2 0 r o a d s a n d h i g h w a y p r o j e c t s , i n t r o d u c e d i n t w o d i ff e r e n t b u n d l e s . N H A I i s e x p e c t i n g t o g e n e r a t e a r o u n d $ 2 mi l l i o n i n r e v e n u e f r o m t h e s e p r o j e c t s w h i c h i s d e fi n i t e l y g o i n g t o b o o s t t h e o v e r a l l e c o n o mi c g r o w t h o f t h e c o u n t r y . T h e s u c c e s s f u l i mp l e me n t a t i o n o f t h e fi r s t b u n d l e o f h i g h w a y p r o j e c t s h a s p a v e d i t s w a y f o r t h e u p c o mi n g o n e s . N H A I h a s a l r e a d y p l a n n e d o u t t h e T O T a g r e e me n t s t h a t t h e y a r e g o i n g t o p r e s e n t i n f o u r t r a n c h e s i n t h i s y e a r . T h e fi r s t t r a n c h e w h i c h w a s p r e s e n t e d b a c k i n O c t o b e r 2 0 1 7 i n c l u d e d n i n e o f t h e mo s t i mp o r t a n t s t r e t c h e s , i n c l u d i n g fi v e f r o m A n d h r a P r a d e s h a n d t h e r e ma i n i n g f o u r f r o m G u j a r a t . T h e o ffi c i a l s a r e w o r k i n g o n d e v e l o p i n g d e t a i l e d p r o j e c t r e p o r t s c o n c e r n i n g 2 5 h i g h w a y p r o j e c t s a r o u n d t h e c o u n t r y . T h e G o v e r n me n t i s a l s o w o r k i n g o n a s s e s s i n g t h e c u r r e n t h i g h w a y a s s e t s w i t h t h e i mp l e me n t a t i o n o f a n u mb e r o f o n g o i n g p r o j e c t s . T h e r e c e n t r e p o r t s s u g g e s t t h a t o v e r 1 0 0 0 k m i s e x p e c t e d t o b e b i d o u t i n t h e c o mi n g mo n t h i n t h e s e c o n d a n d t h i r d b u n d l e w h i l e t h e f o u r t h t r a n c h e i s g o i n g t o b e p r o p o s e d i n t h e mo n t h o f J u n e o r J u l y . F o r t h e b i d s i n t h e mo n t h o f Ma y , N H A I i s g o i n g t o p r o p o s e h i g h w a y s t r e t c h e s a r o u n d O d i s h a a n d We s t B e n g a l i n t h e s e c o n d b u n d l e a n d t h e r e ma i n i n g s t r e t c h e s i n R a j a s t h a n , G u j a r a t , T a mi l N a d u a n d T e l a n g a n a i n t h e t h i r d b u n d l e . T h e l a s t b u n d l e w h i c h i s g o i n g t o b e p r o p o s e d i n t h e mo n t h o f J u n e o r J u l y i s e x p e c t e d t o c o v e r a r e a s i n U t t a r P r a d e s h , B i h a r a n d J h a r k h a n d . N H A I i s w o r k i n g t o p r o mo t e t h e a mb i t i o u s

  2. h i g h w a y p r o j e c t s t h a t h a v e b e e n a d mi n i s t e r e d u n d e r t h e B h a r a t ma l a p r o g r a mme . T h e h i g h w a y mo n e t i s a t i o n i s e x p e c t e d t o g e n e r a t e a s u s t a i n a b l e a mo u n t o f r e v e n u e a s i d e f r o m t h e ma r k e t f u n d s t h a t t h e y a r e c u r r e n t l y i n t h e p r o c e s s o f a c q u i r i n g . # H i g h w a y Mo n e t i s a t i o n # H i g h w a y P r o j e c t s i n I n d i a # D e v e l o p me n t o f R o a d Wa y s i n I n d i a

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