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by Swarajya Staff - Mar 8, 2021 12:06 PM
National Highway (representational image) (NHAI)
Adani Enterprises and construction firm DP Jain & Co emerged as the highest bidder for two bundles of highways in the National Highways Authority of Indiaâs (NHAIâs) fifth bundle of roads auctioned through toll-operate-transfer (TOT) mechanism.
Under the fifth round of TOT, NHAI offered a 20-year lease period for two bundles with a total length of 159.5 km. The last date for submission of the bids for both the bundles was 18 January. Both toll roads are located in Gujarat. The first bundle size is 53.6 km and the second is 105 km.