In a pivotal policy change, the Ministry of Road Transport and Highways (MoRTH) in India has opened build-operate-transfer (BOT) highway projects to large institutional investors, including sovereign wealth funds, pension funds, and private equity firms. This decision follows the failure of four national highway projects worth nearly ₹22,000 crore to attract bidders under the BOT model. The revised request for proposal (RFP) framework allows a broader range of bidders, including private entities and foreign investment funds, to participate. Notably, the new rules separate financial eligibility from construction capabilities, addressing concerns from investors previously deterred by stringent technical requirements. This shift is expected to make BOT projects more appealing to long-term capital providers seeking infrastructure investments in India. The government aims to revitalize the BOT model, which has faced challenges due to financing constraints and disputes over concession agreements, thereby reducing the financial burden on public resources.