Bharatmala project: How this mega project puts highways with Rs 19,435 cr debt at risk
Bharatmala project: Of the 44 corridors, about 21 would partially or fully affect the existing alignments while the remaining 23 involve up-gradation of the existing alignment, which will not result in any deviation from existing alignments. Overall, as per Icra analysis, there are 24 BOT and 1 OMT projects where traffic could get affected due to the proposed economic corridors.
Around 25 national highway projects under toll may face trouble in servicing a combined debt of Rs 19,435 crore due to direct competition from new economic corridors of the government’s Bharatmala project. Image source: Reuters