The road projects will be developed on a design, build, finance, operation and transfer (DBFOT) basis.
The RFQ has been launched for the following two projects:
Interested parties must submit their qualification documents on or before 30 September 2015.
See tender announcement: http://www.upsha.in/tenders/notice_100815.pdf
Qualifications documents were submitted on 31 August for the following roads:
Yesterday we reported that the Indian Cabinet Committee on Economic Affairs approved 100 % equity divestment after two years of construction completion for all build-operation-transfer (BOT) projects, irrespective of year of award.
The approval would allow the concessionaires to use proceeds from the sale of divested equity to, among others, develop new projects and retire their debt to financial institutions.