‘Upcoming road projects may shift towards PPP as govt funds getting impacted due to COVID-19’

With the government finances getting adversely affected due to the COVID-19 pandemic, there will be a shift towards PPP-based road projects, a top IRB Infrastructure NSE -1.19 % official said.

Addressing the company’s 22nd annual meeting virtually, the company’s Chairman and Managing Director Virendra Mhaiskar said the firm will focus on BOT (build-operate-transfer)-based projects.

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