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More premium bids for NHAI

More premium bids for NHAI

All 4 bids opened on negative VGF exceeding estimation by far. NHAI opened four National Highway bids (on BOT) over the past two working days--three on Friday, 18 November and one on Monday, 21 November. The four have all been on premium, also called negative Viability Gap Funding (VGF) of varying amounts.

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Landmark: Chennai Desalination

Landmark: Chennai Desalination

While Chennai city was implementing several water conservation measures, the scarcity in availability of water had to be addressed through augmentation of supply. It was in this context that the city turned to an alternative source - sea water

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