NCR Rapid Rail Transit System
Govt plans to modify debt-equity ratio for Metro, rapid rail projects
The central government is planning to alter the current equity-to-debt ratio for metro and rapid rail projects in order to increase private investments in these projects. It has proposed an equity-to-debt ratio of 20:80 while the prevailing ratio is 30:70. Metro projects are highly capital-intensive and an equity-to-debt ratio of 30:70 requires a high investment […]
