Discussion Agenda:
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Key findings of ICRA's study on major maintenance (MM) cost for NHAI road projects
-Importance of timely and adequate major maintenance from credit perspective
-Funding major maintenance
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National Highways Authority of India - Debt movement, expenditure profile and funding avenues
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Update on TOT: Ability to garner favorable response for third bundle remains critical
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Update on awards and execution
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Outlook
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Mr. Shubham Jain
Senior Vice President, Corporate Ratings
ICRA Limited
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Mr. Rajeshwar Burla
Vice President, Corporate Ratings
ICRA Limited
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Mr. Abhishek Gupta
Assistant Vice President, Corporate Ratings
ICRA Limited
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