Despite this growth, there remains a lag in the awarding and construction of projects, particularly within the highways segment, with only around 3481 kilometers awarded and 7,658 kilometers constructed in the first 10 months of FY2024. However, there is optimism regarding future growth, with the highways and bridges bid pipeline improving to Rs 1.1 trillion, as NHAI looks to reduce debt levels through asset monetization and offer more projects through the BOT model. The subdued allocations for Roads and Water in the recent interim budget reflect slower project awards in FY2023FY2024, according to JM Financials.
Diese Geschichte stammt aus der February 22, 2024-Ausgabe von The Business Guardian.
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