ARTICLE · 13 JANUARY 2020

CEA Approves Amendments In NHAI TOT Model

Economic Laws Practice

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On November 26, 2019 the Cabinet Committee on Economic Affairs approved the proposed amendments in the Toll Operate Transfer Model developed by the National Highways Authority of India.

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On November 26, 2019 the Cabinet Committee on Economic Affairs (CEA) approved the proposed amendments in the Toll Operate Transfer (TOT) Model developed by the National Highways Authority of India (NHAI). These amendments are aimed at monetizing existing operational projects that have a 1-year history of revenue generation through tolls. The Ministry of Road Transport and Highways or the NHAI will approve projects for monetization on a case to case basis.

What is the TOT model?

The TOT model was developed in order to raise funds from the monetization of existing operational projects.
Under the TOT model, investors make lump sum payments to the NHAI, for the right to collect toll on these projects for long terms.

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