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Govt approves 14 highway projects for EPC bids

Thursday, 28 Nov 2013
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The Ministry of Road & Highways has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model as it seeks private investments.


The projects have been approved to be awarded under EPC model as they failed to draw bids under the public-private partnership (PPP) model. Under the EPC model, the government pays the contractor a sum to build a project awarded through competitive bidding.


The proposal to approve these 12 projects for EPC bids has been submitted by NHAI to the Inter-ministerial group. Under EPC, all the risks are borne by the government so the projects will get a response.


 

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