Govt clears Rs 28k-cr road projects in Feb

The Road Transport and Highways Ministry on Friday approved 13 projects worth Rs 10,300 crore for six states to be awarded by the end of next month.

“The ministry approved 13 national highways projects in Maharashtra, Rajasthan, Chattisgarh, Andhra Pradesh, Tamil Nadu and Madhya Pradesh on Friday. The total cost of 13 projects for 670 kms is Rs 10,300 crore,” Road Transport and Highways Secretary Sanjay Mitra said.

With this approval, the number of projects cleared by the ministry in a fortnight have swelled to 31, entailing a total investment of about Rs 28,000 crore. Of the 13 projects, three each will be executed on BOT (build, operate, transfer) toll and hybrid annuity mode while the remaining seven projects will be bid on EPC (engineering, procurement and construction) mode, he added. Most of these projects include highway expansion.

No clearance is required for approval of these projects as their construction cost is less than Rs 1,000 crore, the limit fixed by the government recently for award of projects by the Road Transport and Highways Ministry. “Most of these projects are likely to be awarded by March,” Mitra said. The government has a target of awarding road contracts of 10,000 kms for this fiscal and it has already awarded 7,000 kms.
DH News Service

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