Will aggressive bidding hurt returns on road projects?2 min read 10 Oct 2016, 12:43 PM IST
As these orders get executed, it could narrow the profit margins of the developer
This has been a year of positives for the roads sector. Besides regulatory changes to aid the sector and resolve stressed projects, the largesse of fresh orders tendered out in the last six months has led to a swelling order book for firms in road construction. These orders would assure visibility of the revenue stream for the next two to three years.
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