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Panel likely to bring hope for road developers

Panel likely to bring hope for road developers

The report by the C Rangarajan headed committee, set up by the Cabinet to decide on premium payments for road projects awarded in the last two-three years on a public-private partnership basis, is expected to submit its report soon.

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NHAI’s plea to govt for recast of premium payment

NHAI’s plea to govt for recast of premium payment

National Highways Authority of India (NHAI), IndiaÂ’s nodal road development agency, has warned that almost Rs 98,000 crore of premium revenue from highway builders is in jeopardy after its proposal to reschedule the premium payments due from road developers was turned down by the Union Law Ministry.