{"id":279595,"date":"2019-06-27T07:15:50","date_gmt":"2019-06-27T07:15:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=279595"},"modified":"2019-06-27T07:15:50","modified_gmt":"2019-06-27T07:15:50","slug":"nhais-cumulative-debt-soars-to-rs-1-78-lakh-crore-in-fy19","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhais-cumulative-debt-soars-to-rs-1-78-lakh-crore-in-fy19\/","title":{"rendered":"NHAI\u2019s cumulative debt soars to Rs 1.78 lakh crore in FY19"},"content":{"rendered":"<p>The cumulative debt of the National Highway Authority of India (NHAI) has mounted to Rs 1.78 lakh crore in FY19 from around Rs 40,000 crore in FY14. The borrowing is expected to go up to `3.31 lakh crore by FY23, as its needs resources to fund construction of around 25,000 km highway projects in six years under the Bharatmala programme starting from 2017-18.<\/p>\n<p>NHAI\u2019s equity capital, as per rating agency Icra, has gone up from around Rs 60,000 crore in 2013-14 to Rs 201,600 crore in FY19 and is expected to further increase to Rs 541,345 crore in 2022-23. Consequently, the authority\u2019s debt-equity ratio is likely to decline to 0.61 from 0.74 currently.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cumulative debt of the National Highway Authority of India (NHAI) has mounted to Rs 1.78 lakh crore in FY19 from around Rs 40,000 crore in FY14. The borrowing is expected to go up to `3.31 lakh crore by FY23, as its needs resources to fund construction of around 25,000 km highway projects in six years under the Bharatmala programme starting from 2017-18. NHAI\u2019s equity capital, as per rating agency Icra, has gone up from around Rs 60,000 crore in 2013-14 to Rs 201,600 crore in FY19 and is expected to further increase to Rs 541,345 crore in 2022-23. Consequently, [&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":[130,197,138],"tags":[],"class_list":["post-279595","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279595","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=279595"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/279595\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=279595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=279595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=279595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}