Private operatprs are agressive on acquiring New road proejcts

Private companies are bidding aggressively for projects auctioned recently, offering money to the government to build even those roads that were expected to need substantial financial support to become commercially viable.

These bidders will together pay Rs 16,000 over the maximum 30-year project lives for 15 roads projects auctioned in calendar 2011, providing the government fiscal space to support more projects.