According to a survey by Crisil Ratings, around 50 pc of the under-construction projects are at high risk of not being completed because of significant cost over-runs and weak wherewithal of sponsors
Based on the applications stating the financing plan required and justifying one time fund infusion, NHAI will provide financial assistance to the projects where infusion of moderate funding could lead to its completion
While NHAI awarded 1,572km of contracts during April-Nov 2014, it had set itself a target of 5,500km for FY 2015, 35% of which was earmarked for BOT segment and the rest for EPC mode