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CCEA may reschedule Rs 98K cr NHAI premium

CCEA may reschedule Rs 98K cr NHAI premium

The Union government may consider to reschedule premium payment worth Rs 98,000 crore to be paid by private road concessionaires to National Highways Authority of India (NHAI) for 23 road projects. The Cabinet Committee on Economic Affairs (CCEA) would soon to consider a proposal in this regard.

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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.