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FinMin supports plan panel on road bid norms

Says changes in guidelines will usher in a tighter regime for highway projects. The Union finance ministry has endorsed the views of Gajendra Haldea, infrastructure advisor to the deputy chairman of the Planning Commission, who had objected to recent changes in bidding norms by the National Highways Authority of India (NHAI). NHAI had made many changes in the bid documents, which included not allowing companies which had already won bids for three road projects but not achieved financial closure in any of these, to bid for new ones. Haldea had written to roads secretary Brahm Dutt, with ...