Road Ministry Approves 14 Highway Projects fro EPC bids

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    The Ministry of Roads has approved 14 highway projects to be bid under EPC model
    The Ministry of Roads has approved 14 highway projects to be bid under EPC model

    The Ministry of Roads has approved 14 highway projects to be bid under the engineering, procurement and construction (EPC) model as it had failed to attract private investments for these projects. An inter-ministerial group,headed by road secretary Vijay Chhibber, approved the awarding of these projects under the EPC model as they failed to draw bids under the public-private partnership (PPP) model.

    The move has come after Prime Minister Manmohan Singh’s mandate to go for model for road projects. Twenty road projects worth Rs.27,000 crore totaling 2,900km failed to receive any bids between March last year and October.

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