national highway authority of india
Banks Scrutinized over Lending for PPP projects
The role of banks in Public-Private-Partnership (PPP) projects such as the Delhi-Gurgaon highway project and the Airport Metro express line project is under scrutiny due to continuing disputes between the associated parties. As has been alleged by government sources and industry observers, banks have extended loans to Special Purpose Vehicles (SPV) of private firms implementing […]
Cost Sharing issues stall Balanagar flyover project
The plan for the construction of a flyover at the Balanagar T-junction has been stalled due to issues related to cost sharing. The Greater Hyderabad Municipal Corporation (GHMC) was entrusted with the construction work on the flyover, the corridor of which belongs to the Roads and Buildings (R&B) department. However, with regards to cost sharing […]
