Eastern Peripheral Expressway
With several highway projects failing to find any takers in India, the Union Government is hopeful that the stuck highway projects in the country will probably be rescued by international infrastructure firms, especially those based in China and Malaysia. Towards that end, India’s Road Transport and Highways Ministry – which is headed by Nitin Gadkari [...] Continue Reading »
The National Highway Authority of India (NHAI) has revealed that the Delhi-Meerut Expressway thus far has no bidders. The cost of construction of the expressway will approximately be Rs 6,500 crore. According to the information shared by the NHAI, none of the five private players in the infrastructure sector that had filed a request for [...] Continue Reading »
The government has announced its decision to fund the Eastern Peripheral Expressway (EPE) project. The decision by the government is apparently rooted in the fact that, in the last six years, no private company has showed its willingness to build the EPE on toll mode. The funding of the EPE project by the government was discussed [...] Continue Reading »
The government had plans under public-private partnership (PPP) model to build the Rs 6,290-crore Eastern Peripheral Expressway (EPE) project. The government had to scrap the project as it did not attract any bids. The deadline was Apr 4. NHAI did not receive any bids forcing it to plan the project under conventional engineering procurement construction [...] Continue Reading »
