Private investment in Infrastructure project
The government of India has decided to attract public-private participation, in National Highways projects.
To implement the government strategy the NHAI has adopted Build-Operate-Transfer [BOT] (Toll) mode of delivery under public private partnership (PPP) as the preferred mode for development of highway projects.
The cost of construction varies on different territory of India.
To recover the cost of construction of different highway projects Government has laid down toll policy in the form of National Highway Fee.
The revenue collected from the toll tax will be utilized for upgradation and strengthening of Highways Infrastructure.
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Source : Press Information bureau
cost of construction, development of highway projects, Government of India, highway projects, Highways Infrastructure, Infrastructure development, National Highways projects, NHAI, public-private participation, Toll Tax
[...] Private investment in Infrastructure project [...]
[...] Private investment in Infrastructure project [...]
[...] Private investment in Infrastructure project [...]