Moneycontrol
Jul 12, 2016 03:24 PM IST | Source: CNBC-TV18

NHAI to lay out revival plan for troubled highway projs next wk

The National Highways Authority of India (NHAI) has formulated a revival scheme for three national highway projects, sources say.


The government is set to address 19 languishing highway projects and CNBC-TV18 reports forward movement is likely within a week.


The National Highways Authority of India (NHAI) has formulated a revival scheme for three national highway projects, sources say.


The proposal will be taken up at NHAI's next meet on July 15 and two projects; the Chhapra-Hajipur expressway being developed by Madhucon Projects and Panvel-Indapur highway being developed by Supreme Infrastructure are likely to be taken up first.  

NHAI has formulated this revival scheme in consultation with a consortium led by State Bank of India.

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