Faster asset monetization, coupled with stricter implementation of Fastags and speeding up the pace of construction will help address the cash-flow issues plaguing NHAI, says a brokerage report.
It can be noted that NHAI has been facing funding and cash flow issues leaving many of its projects stalled. The national road builder’s debt has risen eight times between fiscals 2014 and 2019 to Rs 1.8 lakh crore, primarily due to spiralling land cost which generally makes up 30-35 percent of a project cost.
