The biggest debtor for the AAI, interestingly, is Air India, which is accountable for nearly 50 percent of the authority's dues.
For the current financial year, emphasis will be more on public funded projects. There are plans to award 7,000 kilometers by way of public funded projects and maybe around 3,000 kilometers by way of public private partnership projects.
Parag Parikh, ED & CFO of Gammon Infra believes that the new exit norms are a welcome move by CCEA. He told CNBC-TV18 that it is not a solution for projects, which are not viable fundamentally. However, substitution is open for all viable commissioned projects, he added.