Post-tender changes to NHAI pacts benefited road builders: CAG
The Comptroller and Auditor General (CAG) of India has flagged undue benefit to road builders through post-tender amendments to agreements signed with the National Highways Authority of India (NHAI).
The auditor said the NHAI granted deferment of premium amounting to ₹9,296.25 crore for eight years to 14 years for 20 projects till October 2019. This deferment was on the basis of a scheme formulated by the NHAI after it assessed a revenue loss of ₹98,115 crore to the exchequer if the projects were terminated.
