NHAI awaits clarity on Kozhikode bypass
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Centre likely to rope in Adani Enterprises for six-laning of bypass
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Construction work in progress on the 2.10-km stretch between Moorad bridge and Palolipalam in Kozhikode. | Photo Credit:
K. Ragesh
Centre likely to rope in Adani Enterprises for six-laning of bypass
The National Highways Authority of India (NHAI) is still awaiting clarity from the Ministry of Road Transport and Highways on a proposal by INKEL Limited, a public-private partnership company promoted by the State government, seeking more time to provide bank guarantee on the Kozhikode bypass project.
Sources said INKEL had signed a contract with the NHAI for taking up the ₹1853.42-crore project after a Hyderabad-based construction firm failed to provide bank guarantee.