Fastag adoption, new projects to improve NHAI cashflows: Report

It can be noted that NHAI has been facing funding and cash flow issues leaving many of its projects stalled. The national road builder's debt has risen eight times between fiscals 2014 and 2019 to Rs 1.8 lakh crore, primarily due to spiralling land cost which generally makes up 30-35 percent of a project cost.

from Economy-News-Economic Times https://ift.tt/35voDuD