Construction Infrastructure
CBI moves against ex-NHAI officials for violation of terms.
The Central Bureau of Investigations (CBI) has hired a former regional official from the National Roads Authority of India (NHAI) -Jammu Division, along with others, on charges of awarding an employment contract of Rs 9.34 crore to a company that does not meet NHAI bid eligibility.
The First Information Report (FIR) names then-NHAI-Jammu Regional Officer Hem Raj and Rakesh Kumar Chaudhary, owner of the private company called M / s Rakesh Kumar Chaudhary, in addition to the company, as defendants.
Last year, the CBI had ordered a preliminary investigation against the company and unknown officials over the allegation that it was awarded the Rs 9.34 crore work order for the improvement and routine maintenance of the Lakhanpur-Jammu section, including the Jammu Ring Road in Jammu & Kashmir, in violation of the terms and conditions of the tender.
The CBI found that the Jammu office of the NHAI invited tenders through electronic tenders for the work. The tender was canceled and a new one was issued in January 2018.
News Source: ConstructionWorld
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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