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NHAI to bring sweeping changes in PPP projects to attract private investment
Credit: IndiaTimes- Published on January 17, 2024
To incentivize increased private investment, the National Highways Authority of India (NHAI) is instituting comprehensive revisions to contract conditions. A new provision will be introduced, allowing NHAI to repurchase tolled highway projects if a competing road or an additional tolled road emerges in proximity. The finalized...