Reiterating their demand on exit norms, highway developers and financial institutions met Highway Ministry officials on February 11. At present, there are limits on the extent to which developers can sell their stake from highway concessions, and how fast they can exit from projects after completing projects.
Tag: highway developers
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Highway builders demand easier exit norms
Reiterating their demand on exit norms, highway developers and financial institutions met Highway Ministry officials on February 11. At present, there are limits on the extent to which developers can sell their stake from highway concessions, and how fast they can exit from projects after completing projects.
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NHAI to spend Rs 9,000 cr on projects
The National Highways Authority of India (NHAI) is likely to spend at least Rs 9,000 crore in construction of two-and-half lane highways and this would be a breather to highway developers who were facing acute equity crunch.
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