NHAI awards TOT Bundle 16 to Highway Infrastructure Trust for Rs 6,661 crore

The National Highways Authority of India has awarded TOT Bundle 16 to Highway Infrastructure Trust for Rs 6,661 crore. This 251 km stretch on the Hyderabad-Nagpur corridor will be maintained and operated by the concessionaire for 20 years, during which they will collect user fees. The TOT model aims to boost private participation in highway development.