NHAI may drop BOT, focus on hybrid annuity, EPC model
MUMBAI, Jan. 7 -- With liquidity tightening in the banking system and funding becoming scarce for large infrastructure projects, industry experts estimate that the national roads authority will more or less jettison the toll build-operate-transfer (BOT) model for new roads in favour of plain vanilla EPC projects and, to a lesser extent, hybrid annuity models....
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