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July 25, 2007

NHAI woos private players with high risk-high freedom model

Source: Indian Express

By ZEENAT NAZIR

Highway Building: Bidding on for Design-Build-Finance-Operate projects

NEW DELHI, JULY 25: Taking private participation in road projects a step further, implementing agencies like National Highways Authority of India (NHAI) have now started transferring more project-related risks to private players. A number of projects currently up for bidding are set to come up on the Design-Build-Finance-Operate (DBFO) pattern - one that assigns more responsibility and risk to the concessionaire by giving him more freedom.

Full Story...

Posted by pichu at July 25, 2007 10:12 PM