{"id":277670,"date":"2019-06-07T06:49:24","date_gmt":"2019-06-07T06:49:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277670"},"modified":"2019-06-07T06:49:24","modified_gmt":"2019-06-07T06:49:24","slug":"lease-period-for-road-projects-under-tot-may-be-cut-to-20-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lease-period-for-road-projects-under-tot-may-be-cut-to-20-years\/","title":{"rendered":"Lease period for road projects under TOT may be cut to 20 years"},"content":{"rendered":"<p>New Delhi: The government is planning to reduce the lease period for projects awarded under the toll-operate-transfer (TOT) model to 15-20 years from 30 years since banks are reluctant to lend for the long-term, a senior government official told ET. <\/p>\n<p>\u201cMany of the investors seek bank funding. And banks are not comfortable to lend for 30 years. I believe they have some regulatory issues. They want the tenure to reduce further,\u201d said the official, who did not wish to be identified. <\/p>\n<p>The change will require a go-ahead from the Union cabinet. \u201cWe have initiated the process for cabinet approval,\u201d said the official. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The government is planning to reduce the lease period for projects awarded under the toll-operate-transfer (TOT) model to 15-20 years from 30 years since banks are reluctant to lend for the long-term, a senior government official told ET. \u201cMany of the investors seek bank funding. And banks are not comfortable to lend for 30 years. I believe they have some regulatory issues. They want the tenure to reduce further,\u201d said the official, who did not wish to be identified. The change will require a go-ahead from the Union cabinet. \u201cWe have initiated the process for cabinet approval,\u201d said [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,193,136],"tags":[],"class_list":["post-277670","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=277670"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277670\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}