The National Highways Authority of India (NHAI) on October 5 announced that they would soon be awarding projects worth Rs 1 lakh crore to construct around 7,000 km of highways in the current fiscal year.
“The Government also has made provision for requisite funds to provide arbitration payment, the recent initiatives taken by Government on arbitration norms to revive the construction sector, which will help resolve the arbitration cases sooner and will get the stalled construction projects moving.”
The announcement was made by NHAI chairman Raghav Chandra while he was speaking at the Infrastructure Conclave in New Delhi.
He added many of these projects are aimed to end everyday traffic snarls that Delhi and National Capital Region (NCR) face and has been chalked out by NHAI to especially end traffic snarls on the Delhi-Gurgaon National highway.
“To decongest traffic on this stretch of National Highway 8 latest traffic management will be adopted including automatic vehicle, stop line violation detection and sensors that gauge traffic and communicate with stop lights.”
These projects will also use latest digital technologies such as Intelligent Traffic Management system (ITMS), Surveillance Cameras and other digital devices to make the traffic on these roads smoother.