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Sunday , 3 March 2024

Tag Archives: BOT Model

OMT model for national highways

The Cabinet Committee on Infrastructure has approved the maintenance of national highways based on the Operate, Maintain and Transfer (OMT) mode. This is expected to lead to better maintenance and hence smoother and more efficient flow of traffic on national highways. The OMT model is similar to the BOT model except that OMT does not require the concessionaire to construct ...

Second phase of outer ring road for Chennai

The Tamil Nadu government has sanctioned the construction of the second phase of the outer ring road for Chennai, a project which will help heavy vehicles with containers bound towards the Chennai and Enmore Ports bypass – the congested city roads. The 32km road is estimated to cost around र1075 crore, and would be constructed on a BOT model, PPP ...