Daily Point 2244 - Toll-Operate-Transfer (TOT)

The Banking Tutor 

Daily Point 2244 

Toll-Operate-Transfer (TOT) 

"Toll, Operate, Transfer (TOT)" is a model used by the National Highways Authority of India (NHAI) to monetize public-funded highways. Under this model, private companies (concessionaires) pay an upfront lump sum to NHAI in exchange for the right to collect and keep toll fees for a predetermined period (e.g., 30 years). The concessionaire is also responsible for the operation and maintenance of the highway during this period. 

Sekhar Pariti

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