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The change of guard at the Centre bodes well for the roads and highways sector. During its last tenure, the NDA government had built close to half of India´s national highway network that has come up in the past 32 years.
The Government has approved three road projects, costing Rs 3,597 crore, for Haryana, West Bengal and Jharkhand.
Reliance Infrastructure has bagged project from the NHAI for six-laning of the 180 km Delhi-Agra road on DBFOT basis under the NHDP.
A good road network is the key to the economic development of an area,” asserts Dhananjay Dhawad, Secretary (Roads), Public Works Department, Government of Maharashtra.
The NHAI intends to develop around 3,000 km of national highways via PPP mode.
According to Minister of State for Road Transport & Highways RPN Singh, last year 5,487 km of roads were completed, which works to about 13 km a day.
Newer technologies and methods are gaining acceptance by road contractors even as equipment vendors double up their efforts to serve the industry.
The Cabinet Committee on Infrastructure approved the development of six-laning of NH8 between Ahmedabad and Vadodara and four-laning of NH12 between Kota and Teendhar in Rajasthan.
The Public Private Partnership Appraisal Committee approved 10 road projects with a total cost of Rs 5,000 crore.
Invitation of bids for new road projects by the NHAI has again gained mom-entum since December, after a lull from July to November 2010.