Tunnel works worth over Rs 1 lakh cr to be undertaken in next five years; need to relax tech, financial bid parameters: Nitin Gadkari
4 years, 11 months ago

Tunnel works worth over Rs 1 lakh cr to be undertaken in next five years; need to relax tech, financial bid parameters: Nitin Gadkari

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There is a need for tunnels in the country, especially at the strategic locations, to provide all-weather connectivity, Road Transport and Highways Minister Nitin Gadkari said New Delhi: India needs sound tunnel systems at strategic locations, and tunnel works worth over Rs 1 lakh crore will be undertaken in the next five years, Union Minister Nitin Gadkari said on Wednesday. At the same time, competent players, whether small or big, need to be given an opportunity and for this, there is a need to relax technical and financial bid parameters, he said. In the next five years, we will undertake work worth more than Rs 1 lakh crore for tunnels,” Road Transport and Highways Minister Nitin Gadkari said. “There is a need to relax technical and financial qualification for projects, including tunnels, to provide opportunity to small players also, as it has been seen that big players after getting the contract assign the same to small players who in absence of stringent parameters are unable to bid for the project,” he said.

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