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Revival of Stalled National Highway Projects

Delhi 

The 19 National Highway (NH) projects were delayed due to various reasons including land acquisition, utility shifting, delay in obtaining statutory clearances, litigations and financial problems of the concessionaires and frequent ban in mining nearby the project area and insufficient availability of raw material for construction etc. Out of the 19 projects, 6 projects have been resolved, 3 have been terminated and 10 projects are still stalled. To revive stalled/languishing highways projects, Government has permitted one time fund infusion to revive and physically complete such projects under Public-Private Partnership (PPP) mode and has also allowed Rationalised Compensation to concessionaires, in case delays are not attributable to them, to increase fund flow into the highway sector. Various steps have also been taken by the Government and National Highways Authority of India (NHAI) to remove the hurdles affecting the construction of national highway projects including streamlining of land acquisition and regulatory clearances, close coordination with other ministries, revamped Disputes Resolution Mechanism etc.

This information was given by the Minister of State for Road Transport and Highways Shri Pon. Radhakrishnan in written reply to a question in Lok Sabha today.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Revival of Stalled National Highway Projects

Revival of Stalled National Highway Projects

The 19 National Highway (NH) projects were delayed due to various reasons including land acquisition, utility shifting, delay in obtaining statutory clearances, litigations and financial problems of the concessionaires and frequent ban in mining nearby the project area and insufficient availability of raw material for construction etc. Out of the 19 projects, 6 projects have been resolved, 3 have been terminated and 10 projects are still stalled. To revive stalled/languishing highways projects, Government has permitted one time fund infusion to revive and physically complete such projects under Public-Private Partnership (PPP) mode and has also allowed Rationalised Compensation to concessionaires, in case delays are not attributable to them, to increase fund flow into the highway sector. Various steps have also been taken by the Government and National Highways Authority of India (NHAI) to remove the hurdles affecting the construction of national highway projects including streamlining of land acquisition and regulatory clearances, close coordination with other ministries, revamped Disputes Resolution Mechanism etc.

This information was given by the Minister of State for Road Transport and Highways Shri Pon. Radhakrishnan in written reply to a question in Lok Sabha today.

Um/NP/MS

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Revival of Stalled National Highway Projects

The 19 National Highway (NH) projects were delayed due to various reasons including land acquisition, utility shifting, delay in obtaining statutory clearances, litigations and financial problems of the concessionaires and frequent ban in mining nearby the project area and insufficient availability of raw material for construction etc. Out of the 19 projects, 6 projects have been resolved, 3 have been terminated and 10 projects are still stalled. To revive stalled/languishing highways projects, Government has permitted one time fund infusion to revive and physically complete such projects under Public-Private Partnership (PPP) mode and has also allowed Rationalised Compensation to concessionaires, in case delays are not attributable to them, to increase fund flow into the highway sector. Various steps have also been taken by the Government and National Highways Authority of India (NHAI) to remove the hurdles affecting the construction of national highway projects including streamlining of land acquisition and regulatory clearances, close coordination with other ministries, revamped Disputes Resolution Mechanism etc.

This information was given by the Minister of State for Road Transport and Highways Shri Pon. Radhakrishnan in written reply to a question in Lok Sabha today.

Um/NP/MS

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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