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Highway contracts: Easier entry norms pay off

Earlier this year, the ministry of road transport and highways revised model concession agreements for both EPC and HAM, paving the way for those building stadium, hospitals and hotels to also get into the highway sector. The government also relaxed their
The time and cost overruns could be due to various reasons, including steep increase in commodity prices, change in scope, delays in land acquisition and approvals; and force majeure events among others, Icra said.
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