NHAI to borrow from private developers at lower cost as compared to borrowing from banks.
Five construction companies recently exited eight highway projects
Smaller developers are struggling to secure funding after bidding aggressively.
Award rate for roads up from 21.9 km per day to around 46.7 km per day
Are contracting companies stable on their order book?
NHIDCL has not yet faced any stoppage in funding of new projects
Contracting companies share their experience in seeking financial closures
Industry experts share recommendations to curb the challenges in funding.
Financial closure and land acquisition in roads are major deterrents