# Eight funds bid for Bihar-WB highway bundle

> Eight funds compete for 90.6km highway bundle in Bihar and West Bengal under NHAI's ToT model.
- Title: Eight funds bid for Bihar-WB highway bundle · Financialexpress
- Summary: Eight funds compete for 90.6km highway bundle in Bihar and West Bengal under NHAI's ToT model.
- Keywords: nhai, toll operate transfer, tot bundle 22, bihar, west bengal, adani enterprises, irb infrastructure, veritas infrastructure, interise trust, infrastructure investment trust, raajmarg infra investment trust, Financialexpress
- Source: Financialexpress — https://financialexpress.com/business/roadways-monetisation-eight-funds-vie-for-single-highway-bundle-4380331
- Author: Mukesh Jagota
- Published: 2026-11-09T15:45:25+00:00
- Read time: 1 min
- Topics: nhai, toll operate transfer, tot bundle 22, bihar, west bengal, adani enterprises, irb infrastructure, veritas infrastructure, interise trust, infrastructure investment trust, raajmarg infra investment trust, business
## Highway monetisation competition
Eight funds bid for 90.6-km highway stretch in Bihar and West Bengal under NHAI's Toll Operate Transfer model.
## ToT Bundle 22 details
ToT Bundle 22 covers 90.6 km of Purnea-Dalkhola Raiganj section of NH-27 in Bihar and West Bengal.
## Bidders for Bundle 22
Bidders include IRB Infrastructure, Veritas Infrastructure, Adani Enterprises and Interise Trust.
## Other ToT bundles
ToT Bundles 20 and 21 also have overlapping bidders including Adani Enterprises.
## NHAI's ToT transaction
NHAI completed first ToT transaction of 2026 financial year monetising 184.5 km in Tamil Nadu for Rs 2,259 crore.
## Three more ToT bundles
NHAI invites bids for three more ToT bundles totaling 461.5 km across Jharkhand, Rajasthan and Haryana.
## InvIT monetisation focus
80% of 1,692 km highway stretches this year will be monetised through Infrastructure Investment Trust.
## Key takeaway

Eight funds including Adani Enterprises and IRB Infrastructure bid for 90.6km highway stretch in Bihar and West Bengal via NHAI's Toll Operate Transfer model.