The National Highways Authority of India (NHAI) has been instructed by the Road, Transport and Highways Minister, Nitin Gadkari to expedite the implementation of projects and to accomplish its project construction targets.
The 22 km long Delhi-Meerut Expressway phase-3 which is estimated to be built at a cost of Rs 10.58 billion, was recently inaugurated by Union Minister Nitin Gadkari.
With NHAI and the private sector re-strategising, the funding crunch and increasing construction costs may derail the country’s roads and highways sector. Recently, the Prime Minister’s Office (PMO) stated to NHAI that the Government is reportedly not keen to sustain its large investments in building highways.
PMO and private sector not keen on large investments in building highways
Yogesh Kumar Jain, Managing Director, PNC Infratech, shares more on the success of the roads sector and why will it continue to be a focus area for the company.
Nitin Gadkari recently laid the foundation stone for four national highway projects in Rajasthan, worth Rs 30 bn. Of the four highway projects, three projects are expected to be established in Bikaner, under the Bharatmala Project.
NHAI has appointed MEP Infrastructure Developers for the work under HAM
Foundation stone for national highway projects have been laid in Kangra.
Nitin Gadkari, Union Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation, is expected to inaugurate and lay the foundation stones for national highway and Namami Gange works worth to Rs 58.94 billion at Haridwar in Uttarakhand.
Nearly half a dozen highway and infrastructure projects worth Rs 71.95 billion are expected to be launched in Ayodhya.
