The Union government may consider to reschedule premium payment worth Rs 98,000 crore to be paid by private road concessionaires to National Highways Authority of India (NHAI) for 23 road projects. The Cabinet Committee on Economic Affairs (CCEA) would soon to consider a proposal in this regard.
Sources in the government said that if 16 more projects are approved for rescheduling then another Rs 53,000 crore premium payment due to be paid to NHAI would need to be rescheduled.
Companies including Larsen & Toubro, IDFC, Ashoka Buildcon and Oriental Structural Engineers are among the 16 companies looking to be considered for premium rescheduling for various projects, said an official concerned.
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