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October 12, 2006
Are contractual ‘innovations’ holding up the showpiece highway project?
It continues to be a slow trudge on the fast lane. Barely 35 per cent of the contracts for the North-South East-West corridor (NHDP-II) have been awarded. This lethargy in the awarding of contracts by National Highway Authority of India (NHAI), under the UPA, is predictably bound to lead to long delays in the construction of the highway network across the country.
Written by ITW Editor · Filed Under Investment and Finance
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