Tag: model concession agreement
Posted in Economy
National highway contractors must get government permits for foreign workers, ministry clarifies
The road transport and highways ministry on Monday clarified that any national highway contractors or subcontractors hiring foreign workers must first get the required government…
Posted in Economy
Road ministry revises model concession agreement for BOT projects
The Ministry of Road Transport and Highways has further simplified the model concession agreement for build-operate-transfer (BOT) projects as it seeks greater private-sector participation in…
Posted in Economy
Niti Aayog to strengthen model concession agreement framework for multi-modal logistics parks
New Delhi: Niti Aayog has said it is closely working with the Highways Ministry and National Highways Logistics Management Limited for the revision and updation…
Posted in Economy
New build-own-operate road projects have equitable risk and reward sharing: Nitin Gadkari
The model concession agreement for build operate transfer (BOT) road projects has been modified to equitably share risk and rewards with concessionaires, union road transport…