Crisil lowers execution forecast for NHAI projects for FY19
NEW DELHI: Ratings agency Crisil said it has lowered its execution forecast for NHAI projects for the ongoing fiscal to 3,600–3,800 km from the earlier anticipated 4,300 km. “We estimate around 800 km of execution is at risk this fiscal because many hybrid annuity model (HAM) projects are still awaiting appointed dates seven months after […]