They increase the cost of capital for small companies especially.
The capital cost of the project would be $530 million.
This does not mean their cost of capital is low.
Over the last nine years the capital cost has been about $2.9 billion.
Capital cost for the base case is between £100m - £135m.
The project was completed at a capital cost of Rs.24,700 million.
The reason for the high interest rates is not primarily cost of capital.
"The issue has not been the cost of capital," he said.
Capital cost is high, but saves in the long run.
The result could mean an increase in the cost of capital for public corporations generally.