Advertise Here [728 W x 90 H pixels]
Construction : Web Exclusive | August 2013 | Source : Construction Update

NHAI drops highway projects worth Rs 4,000 cr

As the National Highways Authority of India (NHAI) could not acquire land required for road construction, it has scrapped highway projects worth Rs 4,000 crore in Goa and Kerala states. Referring the NHAI's inability to build the 4,000 crore highways, the Federation of National Highway Builders said that a new land acquisition law for public purpose has to be implemented and coordination between NHAI and State governments should be more.

The Union Ministry of Roads could only get contracts for not more than 1,000 kilometres of highway projects last year. Prime Minister had expressed his concerns over the delay in road development. Environmental clearance and land acquisition had delayed the projects and this forced private sector investors from keeping away from road projects. There were no bids for 13 projects last year, the Federation says.

 
Advertise Here [728 W x 90 H pixels]