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Tuesday , 16 July 2024

Tag Archives: Exit Policy

NHAI’s Exit Policy for Road Projects

Allowing developers to fully exit by way of a ‘harmonious substitution’ mechanism In BOT road projects under the PPP model bid out before 2009-10, the private party/consortium which develops the project is required to hold a minimum level of ownership in the project throughout the concession period, usually 26% of the shareholding of the SPV developing and operating the project. ...