India's Largest Database on New Projects
Highway projects put on fast track
NEW DELHI, OCT 11: After not awarding even a single highway contract during the first half of the fiscal,
the National Highway Authority of India (NHAI) seems to have woken up. It has decided to put road sector
projects on the fast track, with as many as 29 highway construction projects scheduled to be cleared by
the month end. This apart, the ministry of road transport and highways has also circulated a note for the Cabinet
Committee on Economic Affairs (CCEA) for exemption of 12 highway projects from the PPP-AC approval
committee. They include seven projects from NHDP phase II and five from NHDP III (A), totaling a length of
841 kilometre.
All these projects are to be carried out on the build-operate-transfer (BOT) basis. Of these about 10 have
been sent to the public private partnership appraisal committee (PPP-AC), and are mainly from NHDP phase
III (A).
The ministry is hopeful that it would be able to award another 60 projects for highway construction by end
of the fiscal. These would include 1,000 km under NHDP V as well as about 750 km under NHDP II.
Source: Financial
Express