The National Democratic Alliance government’s Bharatmala project, which seeks to improve the country’s national highway network, might put existing road projects in a tight spot, leading to lower traffic and disputes.
According to a report of rating agency Icra, 25 road projects with a debt of Rs 194.35 billion might be at risk.
“The Bharatmala network, designed on the shortest possible route connecting the origin and destination, though well-thought-through and a step in the right direction, is bound to impact the existing network by directly competing with a few stretches, including some of the existing build-operate-transfer (BOT) (Toll) road projects,”