Plauderwelten » Mr Rohit Kumar Singh further clai

The National Highways Authority of India signed their very first toll operate transfer concession agreement on April 27th 2018 with the Australian company Steve Nash Womens Jersey , Macquarie. They signed the pact with the organisation for road projects under the highway monetisation drive. Under this signed agreement, all the rights for toll tax collection across nine of the primary national highways in India will be with Macquarie Group.

In a recently issued statement, an National Highways Authority of India official stated that this agreement is one of the highest budgeting projects amounting to USD 1.5 billion for the first bundle of highway projects. This signed project is under the agreement that Macquarie will have all the rights of the toll tax payments handed over to them only with the upfront payment of Rs. 10 Rajon Rondo Womens Jersey ,500 crore to the NHAI fund. Irrespective of the expected amount to be just about Rs. 6,000 crore, the bidding was raised for Rs. 9 Nerlens Noel Womens Jersey ,681 crore. The total expenditure will cumulatively amount to Rs. 10,500 crore.


The Member Finance of NHAI, Mr Rohit Kumar Singh expressed his gratitude stating that the raised amount was one and a half times higher than what they had expected to generate. They are delighted that the market recognised the value of their assets and the bids were generated way past the expectations. The spare amount can be a great aid in funding the prospect of asset recycling which in turn can be a beneficial contributor to the development of the financing infrastructure in India.


Mr Rohit Kumar Singh further claimed that this signed agreement between NHAI and Macquarie is one of the largest foreign investments with respect to India鈥檚 public infrastructure and will contribute around 700km of national highways. The primary stretch of these national highways is located around Andhra Pradesh and Gujarat. Apart from the expedited funds Monta Ellis Womens Jersey , the one generated from the highway monetisation will