Home Transport Infrastructure News Road & Highway News Bharatmala project: 5,700 km of projects awarded under the ambitious infrastructure project

    Bharatmala project: 5,700 km of projects awarded under the ambitious infrastructure project

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    Bharatmala project

    India is getting connected through highways! The Centre has been working closely with ruling dispensations in states to address and resolve issues pertaining to the land acquisition under the multi-crore Bharatmala project, a Ministry of Road Transport & Highways official has said.

    The Modi government has awarded 5,700 km of projects under the ambitious Bharatmala project, Nagendra Nath Sinha, MD of National Highways & Infrastructure Development Corporation Limited told CNBC-TV18.

    Bharatmala project is an umbrella programme undertaken by the Modi government. Under this mega project, 34,800 km of highways would be constructed at a cost of Rs 5.35 lakh crore.

    Listing out the achievements of National Highways Authority of India (NHAI) and MoRTH, Sinha said around 2,222 kms of road contracts have been awarded in the Financial Year 19. Around 3,400 km of roads were constructed in FY19 up from 3,071 kms built in FY18. Sinha said that NHAI has achieved appointed date for 93 hybrid annuity model (HAM) projects which were awarded in FY18. Sinha has underlined that there was an abundance of capital as fund availability was not an issue for land acquisition.

    Info- https://www.financialexpress.com/

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