Govt to clear lenders’ road project blocks

Dec 05 2012, 00:25 IST
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SummaryIn an attempt to revive lenders’ interest in highway projects, the government is planning to provide them the comfort of being able to change the concessionaire in the event of suspension.

in financial closure. While 39 projects await environment and forest clearance, six are on hold because of delay in wildlife clearances.

Besides, there are over 30 projects above Rs 1,000 crore which has already been awarded, but not executed so far.

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