TO LURE PRIVATE risk capital into highway construction, the government has revised the concession terms for build-operate transfer (BOT) projects. Liberal construction support, facility to borrow from nonbank lenders and enhanced compensation if the traffic projections are not met are built into the revised model concession agreement (MCA).
The changes are expected to give greater comfort to bidders under pure-play public-private partnership projects, and the government aims to invite bids for ₹2.1 trillion of highway projects under the model.
Diese Geschichte stammt aus der March 20, 2024-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der March 20, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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