3 national highways in Gujarat may be lined up for monetisation

The government may look to add three highway stretches fromGujaratto theasset monetisation pipelineafter they were handed back to the National Highways Authority of India (NHAI) after the end of the 15-year concession period.

The Centres target to mop up Rs 45,000 crore from monetisation of highway projects is expected to get a boost during the next financial year as the roads are high toll earners.

The three projects in Gujarat, with a cumulative length of 377 km, can be monetized to generate Rs 18,000 crore to Rs 20,000 crore, the sources estimated.

These were among the first few projects which were bid out by the NHAI under the Build Operate and Transfer (BOT-Toll) model of Public Private PARTNERSHIP (PPP).