NEW DELHI: The national highways authority of India (NHAI) is doing due diligence of projects to make sure they are financially viable, and concerns around the rising debt burden of the authority are unfounded, chairman NN Sinha said.
“There has been reports in some section of media and that is affecting sentiments. Yesterday I met some concessionaires and I was told that bankers are refusing to make payments against performance bank guarantees, because they are not sure whether NHAI will make payments or not,” Sinha said while addressing CII Infranet here on Wednesday.
