The development of highways connecting various places in India is being carried out in a fast-track mode. The Highway Project of India is being taken care of by the National Highway Authority of India (NHAI), a nodal agency of the Ministry of Road Transport and Highways.
Under the Asset Monetisation Program, NHAI has finalized 4 packages or phases in which the National Highways under the Toll-Operate-Transfer (TOT) Model will be auctioned off. Deloitte Touche Tohmatsu India LLP, a globally renowned firm managing audit, consulting, financial advisory, risk advisory, tax and related services, has been hired to develop, work out and periodically update the Financing Plan for NHAI. The firm has estimated a potential increase in the bidding patterns of interested investors for the auctioning of the National Highways. The TOT model consists of the auctioning of 75 highway models, 31 of which will be covered once all the 4 packages have been auctioned.
Package I, whose auction was finalicontinue reading →