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View story 1 0 Govt considers giving NHAI ownership of highway projects.India http://www.moneycontrol.com/news/economy/govt-considers-givi... Submitted by anxora 1 month, 1 week, 4 days, 11 hours ago To give more comfort to lending agencies for road projects, the government is considering a proposal to give ownership of highway projects to the National Highways Authority of India, Road Transport and Highways Minister Kamal Nath said. "We are trying to devise a framework for NHAI which will help raise funds more easily for projects," Nath told NewsWire18 on sidelines of a private event on Sunday. The existing concession agreement does not provide for any recourse to lending agencies, in case a builder defaults on loans Tags: nhai, highways, ownership, government, kamal nath comment (0) | Category: India | Add anxora as a source Comments Votes (my sources) Votes (Everyone) Add your comment Add your comment If you already have an account, sign in: Email address: Password: If you don't, just complete these fields: (or join PUBLIC PRIVATE PARTNERSHIP NEWS AGGREGATOR for free) Your name: Your site: (optional) Your comment: (You have up to 5000 characters left) Can you see the 5 most prominent letters/numbers in this image? (case insensitive) Please enter them here: « go back

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