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Indian highways bring Rs 9,300 cr toll

Indian highways bring Rs 9,300 cr toll

Users of national highways in the country have paid Rs 9,283 crore toll in 2012-13 financial year, which is 30 per cent more than the last year figures, said the Union Road Transport Ministry. 74 per cent of the toll sum collected has gone to private road developers like Larsen & Toubro, IL&FS Transportation, Reliance Infrastructure, IRB Infrastructure, Ashoka Buildcon, Sadbhav Engineering, Gammon and HCC, who have got rights to widen the national highways and collect toll.

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Govt to bring changes in toll collection rights

Govt to bring changes in toll collection rights

Developers involved in widening four-lane roads to six lane may have to wait till the completion of the projects before collecting toll. The Union Road Transport Ministry is planning to rewrite the Model Concession Agreement (MCA) that allows them to collect toll.

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3,000 km of highways to be built via EPC deals

3,000 km of highways to be built via EPC deals

The Union Road Transport Ministry is confident of meeting the government's Budget proposal to develop 3,000 km of highways in the first six months of 2013-14, a sharp scale-down from this year's target of 8,880 km target, around one-sixth of which has been met so far.

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Delay in approvals halts road projects under EPC mode

Delay in approvals halts road projects under EPC mode

The Union Road Transport Ministry's plan to provide an impetus to the ailing road construction industry by awarding 4,000 km of road projects on Engineering Procurement and Contract (EPC) this fiscal is unlikely to happen due to delay in getting approvals for these projects.

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Delay in approvals halts road projects under EPC mode

Delay in approvals halts road projects under EPC mode

The Union Road Transport Ministry's plan to provide an impetus to the ailing road construction industry by awarding 4,000 km of road projects on Engineering Procurement and Contract (EPC) this fiscal is unlikely to happen due to delay in getting approvals for these projects.