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Road ministry likely to rebid stuck projs

Roads & Highways
February 1, 2016February 1, 2016
Road ministry likely to rebid stuck projs
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As a meeting in New Delhi between the government, lenders and concessionaires could not find solutions to 10 of the 19 languishing highway projects, the road ministry is likely to restructure and rebid them. Work on these 10 projects, awarded long ago, has not yet started. The remaining projects will be completed with additional funds from the lenders, even as in the case of many of them, banks have already over-exposed themselves.

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