Revised model concession agreements for toll projects will safeguard interest of all stakeholders: CareEdge Ratings
Revised model concession agreements (MCAs) for toll projects aim to bolster investor confidence and safeguard stakeholders' interests. The Ministry of Road Transport and Highways (MoRTH) incorporated favorable changes in the BOT and TOT models to address execution challenges and mitigate risks, potentially reducing peak debt requirements by 10%.
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