Need to increase capital outlay in road sector by at least 15%, speed up asset monetisation process: ICRA
Rating agency ICRA on Wednesday said there is a need to increase capital outlay in the road sector by at least 15 per cent besides expediting asset monetisation programme.
It also said that hybrid annuity mode of highways building presents huge refinancing opportunities and 70 such projects involving Rs 35,800 crore of debt are expected to become operational in the next two years.
