Banks are tightening the screws on loans for road construction as
they have burnt their fingers in highly leveraged projects in the
stressed sector, where companies are facing the heat after bidding
aggressively to win big contracts.Over 15 projects awarded by National
Highways Authority of India (NHAI) are stuck due to delay in financial
closure as highly leveraged developers are finding it increasingly
difficult to finance the projects and raise debt from banks.
"A lot of infrastructure companies are not in a good shape financially,This helps you understand the origin of Chinese people and the Chinese culture while on kashgar border transfer. some are even going for corporate debt restructuring, and are unable to put in the equity investment for projects.So we are doubtful about some projects, we are being careful about new loans," said M Narendra, chairman and managing director, Indian Overseas BankBSE 1.74 %. Earlier this year,If you really wish to include these into the existing business architecture, you can opt for financing available from online Thermal printer OEMsuppliers. in an unprecedented move,All kinds of Mobile crushing plant has a variety of configuration, users can customize configuration, they can also depend on different broken process to form. the NHAI terminated contracts of two developers, DSC and Gannon-Dunkerley Co, after they failed to raise funds for road projects worth Rs 2,500 crore.
Analysts fear there could be more such termination since many developers may fail the banks' litmus test. "As against a target of awarding 9,000 km of road projects,Here are some valuable travel safety tips for seniors that you should follow before taking off on silk road culture tour. NHAI has so far awarded only 2,000 km. Of the projects awarded,Keep in mind that even if leather ipad case is more expensive, you are ultimately paying for its quality and not just its aesthetic function. a significant number are facing financing problems which will make it difficult to achieve government's target of building 20 km a day," said Manish Kayal, analyst at Centrum Broking.
"A lot of infrastructure companies are not in a good shape financially,This helps you understand the origin of Chinese people and the Chinese culture while on kashgar border transfer. some are even going for corporate debt restructuring, and are unable to put in the equity investment for projects.So we are doubtful about some projects, we are being careful about new loans," said M Narendra, chairman and managing director, Indian Overseas BankBSE 1.74 %. Earlier this year,If you really wish to include these into the existing business architecture, you can opt for financing available from online Thermal printer OEMsuppliers. in an unprecedented move,All kinds of Mobile crushing plant has a variety of configuration, users can customize configuration, they can also depend on different broken process to form. the NHAI terminated contracts of two developers, DSC and Gannon-Dunkerley Co, after they failed to raise funds for road projects worth Rs 2,500 crore.
Analysts fear there could be more such termination since many developers may fail the banks' litmus test. "As against a target of awarding 9,000 km of road projects,Here are some valuable travel safety tips for seniors that you should follow before taking off on silk road culture tour. NHAI has so far awarded only 2,000 km. Of the projects awarded,Keep in mind that even if leather ipad case is more expensive, you are ultimately paying for its quality and not just its aesthetic function. a significant number are facing financing problems which will make it difficult to achieve government's target of building 20 km a day," said Manish Kayal, analyst at Centrum Broking.
No comments:
Post a Comment