More power for lenders in road sector PPPs soon
Subhash Narayan, Timsy Jaipuria: New Delhi, Feb 05 2013, 03:39 IST
relinquishing or terminating projects. Last year, several road projects were bid on premium. With the economic slowdown and high interest rates, many of them are finding it tough to meet their commitments. Developers like GMR, GVK have already terminated some of their projects citing lack of clearance from NHAI.
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