{"id":362478,"date":"2020-07-13T12:12:15","date_gmt":"2020-07-13T06:42:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=362478"},"modified":"2020-07-13T12:12:15","modified_gmt":"2020-07-13T06:42:15","slug":"singapore-based-cube-highways-with-over-8500-km-projects-portfolio-yet-to-pay-nhai-for-road-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/singapore-based-cube-highways-with-over-8500-km-projects-portfolio-yet-to-pay-nhai-for-road-assets\/","title":{"rendered":"Singapore-based Cube Highways, with over 8,500-km projects portfolio, yet to pay NHAI for road assets"},"content":{"rendered":"<p>Singapore-based Cube Highways and Infrastructure, an active player in the highway space in India with over 8,500-km projects portfolio, hasn\u2019t yet made the requisite upfront payment of Rs 5,011 crore and taken possession of the nine toll-operate-transfer (TOT) stretches, which it had won under auctions held in last November. The due date for making the payment was mid-April.<\/p>\n<p>Industry executives take Cube\u2019s failure to stick to the deadline as sign that even the foreign road-sector players with strong investor backing are facing difficulties in mobilising funds at this juncture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore-based Cube Highways and Infrastructure, an active player in the highway space in India with over 8,500-km projects portfolio, hasn\u2019t yet made the requisite upfront payment of Rs 5,011 crore and taken possession of the nine toll-operate-transfer (TOT) stretches, which it had won under auctions held in last November. The due date for making the payment was mid-April. Industry executives take Cube\u2019s failure to stick to the deadline as sign that even the foreign road-sector players with strong investor backing are facing difficulties in mobilising funds at this juncture.<\/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-362478","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\/362478","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=362478"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/362478\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=362478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=362478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=362478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}