Centre and states will be equal contributors
The minister said he has given these subjects to Defence Minister Rajnath Singh for the past one-and-a-half months
Describing the process of acquiring land and environment clearance as the major hurdles, the Union road transport and highways minister said environment and development have to go together
In sync with norms on hybrid-annuity and EPC contracts, NHAI has identified stretches of approximately 935 km across India, which will be constructed on built operate transfer (BOT) toll mode
This will ensure better maintenance of roads built under the Pradhan Mantri Gram Sadak Yojana
The lack or inadequacy of these funds also highlights financial stress in developing these road projects
Gadkari said some state governments are now coming forward to assure the ministry of easing land acquisition process and bearing its cost, which is helping in early implementation of projects
The Ministry of Road Transport and Highways and the NHAI are ready with a list of projects that would be awarded as soon as the new govt takes office
ROADIS currently manages 1,892 kilometers of highways, divided among ten concessions in Mexico, Brazil, Spain, Portugal and India
While the National Highways Authority asks for 95% accuracy in toll collection data, the state road development agency is content with 90%
The offer has 12 toll plazas across four highways
The road projects remained a non-starter for several years due to Maoist activities
The minister said work on the Delhi-Mumbai Expressway passing through Jaipur and the Bhopal-Indore Expressway and the Chambal Expressway will start soon.
The minister threatened to rescind remaining projects in states in which the older ones or those that are stuck are showing no signs of completing
Upswing in investors' interest in engineering-procurement-construction projects
The Union road ministry had in January 2017 brought down the eligibility criteria required to bid for highway contracts; that is one reason for investors' interest in quoting below the reserve price
Number of road projects awarded suggests trend reversal
Work for Chennai-Bengaluru Expressway expected to begin next year-end
Concessionaire period to be linked to traffic volume on highway under the model
Projects worth Rs 60,000 crore are already underway or completed