Toll News
Aggressive bidding to hit future road projects
The heightened competition in bidding for toll road projects is expected to hit the returns for the developers and the return on equity is expected to drop to 14 per cent from the earlier 22 per cent. According CRISIL Research, the attractiveness of the projects has increased, with the government speeding up land acquisition, providing an exit option in the licensing agreement, and awarding lucrative
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