NHAI to pay off ₹1.88 lakh cr; pare debt by half until FY30
The authority will pare the debt using proceeds from toll receipts from the NH projects, revenue and premium received from the BOT projects, and asset monetisation and securitisation.
The authority will pare the debt using proceeds from toll receipts from the NH projects, revenue and premium received from the BOT projects, and asset monetisation and securitisation.
Gadkari said the Centre brought together banks, highways developers under one roof to resolve issues to revive projects immediately after taking over
Highway projects hit a speed bump in the first quarter of this fiscal, with awarding by the MoRTH, including the NHAI, falling a sharp 42% on-year to 969 km, says Crisil
Highway construction dipped in FY22 despite higher utilisation of budgetary allocation. The ambitious 25,000 km target for FY23 gets that much harder to achieve.