Published On:January 15 2025
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Adani Emerges as Top Bidder for NH Stretch in Tamil Nadu.

Adani Road Transport has emerged as the top bidder for managing a 124-km stretch of national highway in Tamil Nadu under the toll-operate-transfer (TOT) model, with an offer of ₹1,692 crore.

The bid was followed by IRB Infrastructure Developers at ₹1,485 crore, Epic Concessions at ₹1,152 crore, and Prakash Asphaltings & Toll Highways at ₹876 crore. The stretch in question is the four-lane Trichy-Thuvarankurichi-Madurai section of NH-38.

The National Highways Authority of India (NHAI) opened the financial bids on Tuesday, and the contract is expected to be awarded to the highest bidder after board approval, according to a senior government official.

The NHAI had auctioned TOT Bundle 15 in mid-2024 as part of its ongoing efforts to boost highway infrastructure across the country.

ET





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