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Port projects face implementation hurdles

Port projects face implementation hurdles

Owing to factors hurdles in land acquisition, environmental and other statutory clearances and financial closure, several projects in major and non-major ports are held up. According to a study conducted by Icra, there are about 30-40 greenfield non-major ports that have high promise and potential but low implementation. These proje

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Govt decided to extend concessions for stalled road projects

Govt decided to extend concessions for stalled road projects

At a recent meeting between finance minister P Chidambaram and road transport minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.The concessions could include the possibility of developers backloading payouts to NHAI in the latter years of the concession period to offer relief early into the

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Govt decided to extend concessions for stalled road projects

Govt decided to extend concessions for stalled road projects

At a recent meeting between finance minister P Chidambaram and road transport minister CP Joshi, it was decided to extend concessions to stranded highway projects under the public private partnership (PPP) mode.The concessions could include the possibility of developers backloading payouts to NHAI in the latter years of the concession period to offer relief early into the