Chief Minister Yogi Adityanath led BJP government in Uttar Pradesh is likely to cancel the tenders given to six firms distributed when Samajwadi Party was in power, to develop the Purvanchal Expressway between Lucknow and Ghazipur, a report by Indian Express has said. The state government will table a proposal in the Cabinet soon, to cancel the tenders and renew the process of selecting construction companies for the project.
Speaking to the paper, State Industrial Development Minister Satish Mahana said tenders will be scrapped as land required for the project was not available till now. The minister further said that when these tenders were finalised, only 33 per cent land was purchased for the project “Fresh tendering exercise will be done when required land is available. Also, the cost of the project will be reduced,” Mahana was quoted as saying by the paper. Sources have also confirmed to the paper that the board of UP Expressways Industrial Development Authority (UPEIDA) has cleared the proposal. Read More…
Credit By: Financial Express
Latest posts by Financial Express (see all)
- Train Status: Cloudy Tuesday Morning Disrupts Railways Schedule, 16 Trains Cancelled – January 23, 2018
- Petrol price in Mumbai touches Rs 80 per litre; Here’s all you need to know about rising fuel prices – January 22, 2018
- Biggest shock of 2019 may be crude prices at $100 a barrel – January 22, 2018