creditworthiness and little investor interest, there is a need to ease liquidity. The proposed changes will allow lenders to buy out stalled old projects, enabling them to try and prevent the assets from turning into an NPAs.”
In the roads and highways sector, 18 projects are stuck due to delays in financial closure. While 39 projects await environment and forest clearance, six are on hold because of delay in wildlife clearances.
Besides, there are over 30 projects above Rs 1,000 crore which has already been awarded, but not executed so far.