Centre to develop future highways in EPC mode


The Ministry of Road Transport, Highways and Shipping is, henceforth, planning to undertake national highway projects on EPC (engineering-procurement-construction) model instead of PPP (public-private partnership) mode. The EPC vs. PPP issue has been widely debated among road builders and in public forums. The efficacy of PPP projects has been questioned owing to frequent delays in implementation and commissioning, and other challenges on the ground. This has brought EPC back in favour among project developers.

Source : http://www.projectsmonitor.com/pm-specials/centre-to-develop-future-highways-in-epc-mode/

Advertisements

Tagged as:

Categorised in: Infrastructure, Sector News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: