Under the model Pension funds and Priate Equity firms are allowed to lease government owned nat...........

Economic Affairs Infrastructure

Under the _______ model, Pension funds and Priate Equity firms are allowed to lease government owned national highways for 30 years by making an upfront payment. The lessee, in turn, gets the right to collect the toll, operate, manage and maintain the highway stretch.

Built Operate Transfer - BOT

Build Own Operate Transfer

Engineering Procurement and Construction - EPC

Toll Operate and Transfer

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Explanation:

Fourth option is correct.

Government of India has approved Toll Operate and Transfer (TOT) model under which the Public funded projects operational for two years shall be put to bid wherein the right of collection and appropriation of fee shall be assigned for a pre determined concession period (30 years) to Concessionaires (Developers/Investors) against upfront payment of a lump sum amount to NHAI.

Operation and Maintenance (O&M) obligation of such projects shall be with the concessionaire till the completion of the concession period. Projects to be undertaken in the TOT model are to be treated as Public-private-partnership (PPP) projects.