NHAI may revert to build-transfer-operate model: Icra
NEW DELHI: Rating agency IcraNSE 4.18 % on Tuesday said National Highways Authority of India may revert to build-operate-transfer mode of projects due to increasing financial burden.
“The share of the build-operate-transfer (BOT) (Toll) projects in the overall awards has declined sharply (being made primarily through the EPC/hybrid annuity mode); thereby increasing the financial burden on the NHAI. To overcome this, the NHAI may revert to the BOT (Toll) mode of project awarding,” Icra said in a statement.
