Telangana first state to begin TOT road monetisation

Telangana has become the first state to initiate asset monetisation through the toll- operate-transfer (TOT) scheme and has appointed transaction advisors to sell the 158-km-long Nehru Outer Ring Road in the state capital Hyderabad.

While the Union road transport and highways ministry and the National Highways Authority are expecting bids for the first TOT bundle of national highways in February, Telangana has become the first state to begin asset monetisation drive.

The Hyderabad Growth Corridor recently started the monetization process under this model, and has appointed a consortium led by LEA Associates South Asia and Crisil Risk & Infrastructure Solutions as transaction advisors.

Leave a Reply

Your email address will not be published. Required fields are marked *