GMR has been rapped by the National Highways Authority of India (NHAI) for its termination notice for the country’s biggest highway project worth at least Rs 6,000 crore.
The Authority in its reply to GMR has said that the company did not give 90-day cure period (to rectify and address the deficiencies), and how it is in violation of the norms laid down in the concession agreement. NHAI was to respond to the GMR notice to exit from Kishangarh-Udaipur-Ahmedabad project by January 4.
GMR has cited NHAI’s failure to get environmental clearance for the 555-km highway project and to notify the revised toll rate on this stretch being widened from four to six lanes. The notice served on us had several deficiencies, and we have spelt them out clearly. The revised toll notification has been done and environment clearance will be obtained in the next few days, said a senior NHAI official.
Sources said that the toll notification was done after highways minister CP Joshi held a meeting at his residence on Monday evening and the environment and forest ministry (MoEF) has been approached to convene a special meeting of the Forest Advisory Committee (FAC) to grant clearance.
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