The challenges this year have had little to do with the availaÂbility of finance, but with the poor bankability of infrasÂtructure projects. The inability of the goÂveÂrnment to honour agreements (tariff increases, coal linkages, enÂviroÂnment clearanÂces,
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Experts discuss project and policy solutions to financing hiccups
Stemming from India's nascent entry into private development of gigantic proportions in infrastÂructure, the financing of this behemoth has often been called the hiccup in the works.