Highway construction companies which have won projects from the National Highways Authority of India (NHAI) plan to ask the government to not peg the cost-escalation clause in their contracts with the wholesale price index (WPI) rate of raw materials.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The companies may demand that the cost rise in steel be linked with the prices published by Steel Authority of India Ltd (SAIL), says a member of the Builders&#39; Association of India. The association may also demand that the cost of bitumen be linked with the revised prices published by Indian Oil Corporation (IOC) and of cement with market prices.
</p><p class='TableClas'>Prices of steel, cement and bitumen 

Highway cos want cost rise delinked from WPI

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