road projects

Rangarajan Panel to submit guidelines for Premium Restructuring
The Rangarajan panel was entrusted with the formidable task of arriving at a resolution regarding the bailout package for developers, for highway projects about a month back. Besides, it was also designated with looking into the rescheduling of premiums to the tune of about Rs.1 lakh crore that developers have to pay the National Highways […]

Govt permits developers to sell equity on road projects
The exit policy announced by the Ministry of Road Transport and Highways for highway projects this year is likely to be changed. This comes in the wake of the policy failing to enthuse developers since it does not transfer the benefits to the new operator. SPV enables developer to sell or transfer his stake in […]