Q:The Cabinet Committee of Economic Affairs decided to extend a one-time order for funds infusion by NHAI into such under-construction build, operate and transfer or BOT (toll) highway projects announced earlier to stranded BOT (annuity) projects also.
Latest Answer: Hi everybdy,
The government has also launched an advance hybrid annuity structure, under which NHAI will fund 40% of the project costs, reducing the developers' risks further.
With 11500 km of highway projects awarded since the start of last financial year, construction, which has picked up of late, is bound to speed up in the coming months.
Latest Answer: Of the orders being offered as EPC contracts by the National Highways Authority of India, 6-8 were to be bid out as BOT projects earlier but the government decided to award them as cash projects in view of the unwillingness of the developers to take up these projects.
