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Highway To Success Nitin Gadkari
Nitin Gadkari speaking at the Republic Summit said A total of 202 national highway projects worth ₹ 79,789 crore are at the implementation stage in the country. These projects have construction periods ranging from 18-30 months from the appointed date. A time limit of 2-3 years is generally kept for the completion of new NH projects. However, construction works on NHs sometimes fall behind schedule, due to various reasons like delays in land acquisition, delays in the fulfilment of government's condition precedent like various clearances, utility shifting, delays on the part of contractors/ concessionaire, including cash flow issues, etc.The amount of cost escalation in these projects for the delay in completion work has not been finalised, Gadkari said in the summit.
Nitin Gadkari speaking at the Republic Summit said A total of 202 national highway projects worth ₹ 79,789 crore are at the implementation stage in the country. These projects have construction periods ranging from 18-30 months from the appointed date. A time limit of 2-3 years is generally kept for the completion of new NH projects. However, construction works on NHs sometimes fall behind schedule, due to various reasons like delays in land acquisition, delays in the fulfilment of government's condition precedent like various clearances, utility shifting, delays on the part of contractors/ concessionaire, including cash flow issues, etc.The amount of cost escalation in these projects for the delay in completion work has not been finalised, Gadkari said in the summit.
Published October 9th, 2023 at 05:07 IST
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