Rs 30,000-cr road bids soon | business | Hindustan Times
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Rs 30,000-cr road bids soon

business Updated: Nov 08, 2009 21:16 IST
HT Correspondent
HT Correspondent
Hindustan Times
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The government would shortly invite bids for six mega highway projects involving an estimated investment of over Rs 30,000 crore ($6.38 billion) as authorities step up efforts to put the country’s road development programme on a fast track.

“We will be bidding out shortly the mega project in the next four to six weeks, we should have the first mega project of about $1 billion (Rs 5,000 crore),” road transport and highways minister Kamal Nath told reporters on the sidelines of the IEC.

These six projects would involve vast stretches of highways in Rajasthan, Madhya Pradesh, Gujarat and Maharashtra. The minister did not reveal the length and locations of these stretches.

The National Highway Development Programme (NHDP) programme is being carried out in five simultaneous “phases” covering a distance of 33,097 kms. About 15,731 kms of these projects are yet to be awarded.

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