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: It's true and the government is concentrating on working with green contractors, separate from the brick and mortar ones. The projects will also be awarded on small stretches of 8-10 km. Pilot projects, to be carried out in each State, will first take place where there has been a good response from the local community.
