Govt plans monetisation of EPC projects just after completion

Immediate monetisation would allow the govt to save on operation and maintenance cost

The Union government plans to monetise all national highway projects built under the EPC (engineering, procurement, construction) mode immediately after completion of construction. Experts, however, say this should be done only two to three years after completion, and after estimation of traffic volumes, to get better valuation.
 
“It makes sense for the government to monetise new road contracts as soon as these are finished, so that it is never short of money to invest in EPC projects, As far as traffic volumes are concerned, they can be ascertained before,” defends former roads secretary Vijay Chhibber. On August 3, 2016,