With an estimated average spend of upwards of Rs 1 trillion per annum (excluding land cost), the order book additions will remain healthy for both, large and mid-sized road contractors over the next four to five years.
Tag: Bharatmala Pariyojana
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Rs 19,435 crore toll projects maybe at risk
The Bharatmala network designed on the shortest possible route connecting the origin and destination, though a well thought through and definitely a step in the right direction, is bound to impact the existing network by directly competing with a few stretches including some of the existing BOT (Toll) road projects.
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Ambitious Target
The initiatives that will have a direct bearing on the pace of execution include awarding projects after securing 80 per cent right of way, expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, filing online for clearances to construct road over bridges (ROBs) and road under bridges (RUBs) and increasing the limit on sand mining.
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Road Widening Under Progress
The last two decades witnessed highway infrastructure being developed on a massive scale in the country. Now the government has unveiled another huge new highway development programme (covering 83,000 km) under the Bharatmala Pariyojana, which will see a paradigm shift in highway development with focus on improving the efficiency of the national corridor and a long-term view on the highways network.
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