2.7.1. Salient Features

♤ Assured return: This assured return frees the concessionaire’s dependency on the toll collected on the highway. The government shoulders the responsibility of revenue collection.

♤ Further, the government will pay 40 per cent of the project cost to the concessionaire during the construction phase in five equal installments of 8 per cent each.

♤ Land: The government will provide 90 per cent of land and the related environment and forest clearance (earlier 80 per cent).

♤ Operation and Maintenance: The balance of 60 per cent needs to come from the concessionaire. Operation and maintenance of the toll road also rests with the concessionaire.