Cube Highways wins third TOT bundle with ₹5,011 crore bid2 min read 20 Nov 2019, 06:15 PM IST
Nine stretches of roads across UP, Jharkhand, Bihar and Tamil Nadu were put up for auction
The other top bidders were NIIF at ₹4,230 crore and IRB Infrastructure at ₹3,510 crore
MUMBAI : Road developer Cube Highways and Infrastructure Pte Ltd has emerged as the highest bidder in round three of road auctions under the toll-operate-transfer (TOT) model, although its price offer was marginally more than the reserve price set by the National Highways Authority of India (NHAI), said two people close to the development, requesting anonymity.
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