NHAI is looking at developing a system for capturing returns on appreciation in land value along developed national highways projects, said the Union Minister
Nine construction companies so far have bagged contracts for building the expressway, to be constructed at Rs 90,000 crore
Winning bid of Rs 46.12 bn for eight road stretches offered under TOT is much lower than NHAI's benchmark of Rs 53.62 bn
The ranking would be similar to the audits of national highways, to fix responsibility on the concessionaires
According to a senior official in the ministry, the focus during 2018 would be more on the implementation of the existing projects rather than awarding new contracts.
In parts of the country, ease of doing business and ease of living are a myth despite some encouraging rankings recently. And, digital transaction is a misnomer even as data might show otherwise