Mumbai: The widening of National Highway Number 7 (NH-7) - connecting New Delhi to Kanyakumari - has ground to a halt outside the Pench Tiger Reserve amid fears that any widening here will destroy the ecologically rich but fragile forest ecosystem.
New Delhi: After failing to push award of road projects worth over Rs 55,000 crore in 2007-08, the ministry of road transport, highways and shipping seems to be working on getting its act together in the new term of the United Progressive Alliance (UPA).
New Delhi: After a hiatus of a few weeks, the National Highways Authority of India (NHAI) has awarded three road projects worth Rs 4,000 crore. The contract awarding agency for the government signed three concession agreements for 4/6-laning nearly 244 km of highways on build, operate and transfer (BOT) basis today.
The reported decision by the government to raise the level of viability gap funding, or grants, for projects under the fifth phase of the National Highway Development Programme, may breathe some new life into a scheme that has stuttered to a halt. No project has been awarded in recent months because no one bid for some, while for others there was only a single bid.
The National Highways Authority of India (NHAI) is planning to utilise Rs 1,352 crore capital received as upfront payment from private players while bidding for projects on lucrative stretches of national highways for other road development work.
Anirban Chowdhury / New Delhi April 21, 2009, 1:24 IST
NHAI alters bid process, project terms to lower risk for potential investors.
After failing to get bids for over half of its highway projects last year, the National Highways Authority of India (NHAI) has decided to put up 19 highway projects worth Rs 23,805 crore for rebidding next month through a new short-listing process.
New Delhi: Even if the new government expedites the process of developing national highways in the country, the road towards completion of projects as per the target dates set by the National Highways Authority of India (NHAI) looks bumpy.
