Sunday, October 22, 2023

Govt eyes shift to BOT as private cos show interest in roads sector

The Indian government plans to bid out road projects worth over ₹2 lakh crore through the build-operate-transfer (BOT) model by March 2024. This shift from the engineering, procurement, and contract (EPC) model will encourage private players to build high-quality roads that they will be responsible for maintaining for 15 years.

from Economy-News-Economic Times https://ift.tt/oZptKdP
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