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: Traffic in road projects grew in the range of 5-6% in FY15 compared with a decrease in FY14. India Rating & Research expects that the tempo to continue in FY16 also on account of increased economic activity. Toll rate increases linked to inflation, whether completely or to a limited extent, have somewhat balance the decrease in traffic numbers in FY15.
