11 crucial road projects worth more than Rs 18,000 crore to kick start in the next 6 months
The NaMo government is determined to change the infrastructure landscape for the country. Within the next 6 months 11 projects worth more than Rs 18,000 crore will kick start this change. Transport minister Nitin Gadkari has asked for a priority list of projects from the road ministry which can be processed promptly.
An official also mentioned that the appraisal process for most of these projects is complete and they are waiting to present it and get a green signal from Gadkari on these. After that a cabinet committee on economic affairs note can be circulated. Once the approval comes from the cabinet, these projects can be awarded to the developers within a record 6 months’ time. The total length of these projects is 1,300 km.
Modi is known for his time bound approach for any work. The transport ministry has already set an internal target of awarding 8,500 km of roads in the fiscal year ending March 2015. The public-private partnership (PPP) mode and the engineering, procurement and construction (EPC) mode will be used for financing and execution of these 3,500 km of roads projects out of the entire kitty of 8, 500 Km.
The list includes projects such as Delhi-Meerut expressway and Eastern Peripheral Expressway. The P.M had assigned each ministry to do a review and appraisal of crucial and critical projects and kick start them within 100 days of the new government’s swearing in. NaMo has been conducting review meetings to assess the progress.
Source- Mint
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