{"id":367740,"date":"2020-08-14T10:46:33","date_gmt":"2020-08-14T05:16:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367740"},"modified":"2020-08-14T12:09:37","modified_gmt":"2020-08-14T06:39:37","slug":"nhai-floats-spv-to-finance-build-and-operate-delhi-mumbai-expressway","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhai-floats-spv-to-finance-build-and-operate-delhi-mumbai-expressway\/","title":{"rendered":"NHAI floats SPV to finance, build and operate Delhi-Mumbai expressway"},"content":{"rendered":"<p>The National Highways Authority of India (NHAI) on Thursday said it has formed an arm to finance, construct, and operate the Delhi-Mumbai Expressway. <\/p>\n<p>The NHAI said in a statement that the special purpose vehicle (SPV) has been registered as DME Development and will be wholly owned by the highways authority. <\/p>\n<p>By floating an SPV specific to a corridor, the NHAI is aiming at diversifying its resource base and developing a sustainable and self-liquidating approach to raise finances. <\/p>\n<p>The NHAI is currently implementing about 28,000 km under the Bharatmala Pariyojana Phase 1. Under this, the Delhi-Mumbai Expressway is one of the flagship highway corridors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Highways Authority of India (NHAI) on Thursday said it has formed an arm to finance, construct, and operate the Delhi-Mumbai Expressway. The NHAI said in a statement that the special purpose vehicle (SPV) has been registered as DME Development and will be wholly owned by the highways authority. By floating an SPV specific to a corridor, the NHAI is aiming at diversifying its resource base and developing a sustainable and self-liquidating approach to raise finances. The NHAI is currently implementing about 28,000 km under the Bharatmala Pariyojana Phase 1. Under this, the Delhi-Mumbai Expressway is one of the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-367740","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367740","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367740"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367740\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}