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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.
40.8-km-long Azhiyur-Vengalam section of NH 66 to be widened Work on six-laning the 40.8-km-long Azhiyur-Vengalam section of National Highway 66 in Kozhikode district will begin when the State government hands over land acquired for the ₹1,838-crore project.
Adani Enterprises Limited (AEL) had won the multi-crore highway project from the National Highways Authority of India (NHAI) on January 12. The project granted under the Hybrid Annuity Model (HAM) is part of the Bharatmala Pariyojana of the Centre. The contract for the purpose will be signed within a month.
NHAI project director Nirmal Manohar Zade said the government had mostly acquired the required land for widening the highway. The Centre had deposited the compensation package of ₹663 crore under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act to property owners whose land had been acquired for the project.