Highway builders could get to exit projects early, easing fund crunch

Dec 11 2012, 01:41 IST
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SummaryThe government is planning to ease exit options for companies investing in highway projects by allowing them to make a complete exit immediately after the commercial operations date.

equity by concessionaires

* NHAI board to decide if company seeking exit is critical enough for the project

* BOT road projects awarded before 2009 do not have a complete exit option

* An amended exit policy will also help the market position of developers

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