CRISIL Research estimates that the first 75 operational highway projects tendered under the toll-operate-toll (TOT) model may fetch around Rs 40,000 crore, much lower than what the government had initially estimated.
Tag: construction of highways
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Boost to highway expansion as govt eases green norms
The Union Cabinet on June 27 cleared a proposal that will allow the construction of highways of up to 100-km length and 40-m width without seeking an environment clearance. So far, environment clearance was mandatory for building any highway stretch that was over 30-km long and more than 20 metre wide.