Tag: road ministry
Posted in Economy
National Highway builders bat for BOT annuity model to avoid zero-bid scenario
NEW DELHI: Highway concessionaires have urged the road ministry to use the build-operate-transfer (BOT) annuity model for upcoming projects until key concerns holding back private…
Posted in Economy
Road ministry to compensate for price hike and volatility in commodity prices to contractors
New Delhi: The ministry of road transport and highways have relaxed the payment mechanism for highway contractors and reduced the price adjustment mechanism from three…