Infra
Infrastructure

Still a work in progress: how the NHAI is leaving behind the grungy lanes of fund crunch and project delays

Still a work in progress: how the NHAI is leaving behind the grungy lanes of fund crunch and project delays
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The Jammu-Srinagar national highway wears an abandoned look during peak winter, 2017.

Synopsis

After a roller-coaster ride in the last decade, the National Highways Authority of India has reinvented itself over the past four years by raising funds independently and addressing the construction industry’s woes.

By
9 mins read,
In 2006, when the infrastructure boom was at its peak, the Haryana Urban Development Authority rolled out a plan to construct an eight-lane, 18.5km long Northern Peripheral Road, widely known as the Dwarka Expressway. But even before the project could take shape, real-estate companies rushed in to build residences on either side of the proposed road, expecting a windfall. Four years later, in 2010, a detailed project report was drawn and tenders
( Originally published on Jan 15, 2019 )

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