Delhi-Meerut Expressway to start by 2018: NHAI
The Dollar Business Bureau The National Highway Authority of India (NHAI) on Friday said the 96-km Delhi-Meerut Expressway (DME) is likely to be operational by March 2018. NHAI Chairman Raghav Chandra on Friday visited project sites and assured developers of full support in resolving all bottlenecks for its early completion. In December 2015, Prime Minister Narendra Modi had laid the foundation stone of the DME road project, which was aimed at easing congestion in the national capital region (NCR) and augmenting Western UP economy, but more importantly reducing traffic snarls on the existing highway. Striking a similar chord, Chandra said, “Nationa Highway Authority of India(NHAI) is fully geared up for resolving the site specific issues, and all necessary facilitation is being given to concessionaires for expediting ...
National Highways Authority of India to intervene in languishing projects
The Dollar Business Bureau In an effort to add momentum to the overall growth of the highways sector in India which is already on the path of revival, The National Highways Authority of India (NHAI) has been directed to develop a robust mechanism to determine eligibility of the project as also the extent of funds required to complete projects, in time-bound manner. The new development comes in the wake of the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, approving two major policy initiatives aimed at improving the availability of equity in the market and authorising the National Highways Authority of India (NHAI) to intervene in languishing projects suffering from lack of funds, said ...
