To study the reasons for the exit of GMR from a National Highways project, a meeting of senior officials, including secretaries and joint secretaries will be convened, Union Minister of State for Road Transport and Highways Sarve Sathyanarayana said in Coimbatore on January 9 . GMR has exited from the Rs 7,500 crore project alleging delay in statutory approvals.
Tag: national highways project
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Govt to raise Rs 10K cr debt for highway projects
Through a public debt issue, India will soon raise Rs 10,000 crore ($1.9 billion) for funding its ambitious national highways project, Union Road Transport and Highways Minister CP Joshi said.