PM Modi NEW DELHI: Country’s apex highway builders organisation has sought PM Narendra Modi’s intervention to review the squeezed construction timelines for big highway projects on PPP, their overall bankability and modification in dispute redressal through arbitration.The National Highways Builders Federation (NHBF), in a letter addressed to the PM, has referred to a recently floated tender for a 200-km greenfield project on Public Private Partnership (PPP) in which a two-year construction period has been set.“Considering the scale of such projects and the scope of activities involving land availability, utility shifting, major and minor structures, interchanges, safety provisions and stringent quality standards, the industry apprehends that such timelines may pose significant execution challenges, even best efforts,” NHBF said.It has cited how the Delhi-Vadodara Greenfield Expressway, despite focused attention and continuous efforts by stakeholders, is yet to be completed even after more than five years from commencement. It has urged govt to set realistic construction timelines to ensure quality and timely completion.It has also raised its concern over the recent amendments to dispute resolution provisions of PPP agreements, wherein arbitration for disputes above Rs 10 crore has been restricted. The changes have been made with reference to the finance ministry’s June 2024 circular.NHBF has said that while arbitration has been curtailed, “well-advised and financially strong participants may still bid, but disputes — if they arise — are likely to go to courts”. It said in such a scenario, even relatively small contractual issues may result in prolonged litigation, disruption to project execution and escalation of claim values, ultimately leading to higher fiscal exposure for govt, rather than faster or more efficient dispute resolution.“There is also a concern that such a framework may inadvertently encourage the emergence of entities oriented more towards litigation-driven outcomes than execution, and that even minor disputes could potentially lead to complete stalling of projects, which may not align with the original objectives of the PPP highway programme,” the highway builders body said.End of ArticleFollow Us On Social MediaVideos‘Few Political Elements Trying To Distort’: Goyal Explains India-US Trade Deal, Slams Opposition‘India Has A Preference Over…’: Piyush Goyal On US Trade Deal, Trump’s ‘Russian Oil’ Claim‘Embarrassed Himself’: Gaurav Gogoi Slams Assam CM Himanta Sarma Over ‘Pakistan Links’ Allegation‘1.25 Crore Hindus In Bangladesh’: RSS Chief Mohan Bhagwat Issues Big Unity CallUkraine to Gaza: Malaysia PM Anwar Ibrahim hails PM Modi’s unwavering global peace pushGogoi’s wife Elizabeth worked for Pakistani agent Ali Tauqeer Sheikh: Assam CM Himanta Biswa Sarma‘India’s Stand on Terrorism Is Clear’: PM Modi Speaks Firmly During Malaysia Visit”Strategic Ties And Trade Strengthened”: PM Modi Exchanges MoUs With Malaysian PM’Reasons For Reducing Russian Oil Imports Are…’ Foreign Expert Explains India-US Trade FrameworkIndia Reiterates Energy Security Priority, Signals Russia Oil Imports Will Continue123Photostories5 Vastu-approved plants you should bring home today for prosperity5 effective ways to keep spiders away from your home and garden (third is a magical remedy!)Top 6 cheapest destinations to travel in India in 20268 types of kadhi from across India to try for lunchScarlett Johansson net worth: Inside the USD 165 million fortune of Marvel’s ‘Black Widow’ starFrom Bad Bunny, Green Day to Charlie Puth: Full list of Super Bowl 60 performersFrom a massive living room to lavish bedrooms: A look at Samay Raina’s luxurious housePM Narendra Modi’s Panch Prana goal and the role of Shatavari and it’s importance in traditional Indian kitchens7 warning signs of structural defects every homeowner should know‘The Fame Game’, ‘Mrs. Deshpande’, ‘Maa Behen’: Madhuri Dixit Nene’s evolving OTT journey123Hot PicksBudget 2026Gold Silver PricesParliament Budget SessionGCC Unified Visa 2026Income Tax CalculatorPublic holidays February 2026Bank Holidays februaryTop TrendingFortnite Love EventBoston Celtics vs New York KnicksLindsey Vonn InjurySuper Bowl LX TicketSuper Bowl PredictionsJustin GaethjeLIV GolfLiam Paro vs Paddy Donovan Net WorthWinter Olympics 2026NBA Trade Update
NEW DELHI: Country’s apex highway builders organisation has sought PM Narendra Modi’s intervention to review the squeezed construction timelines for big highway projects on PPP, their overall bankability and modification in dispute redressal through arbitration.The National Highways Builders Federation (NHBF), in a letter addressed to the PM, has referred to a recently floated tender for a 200-km greenfield project on Public Private Partnership (PPP) in which a two-year construction period has been set.“Considering the scale of such projects and the scope of activities involving land availability, utility shifting, major and minor structures, interchanges, safety provisions and stringent quality standards, the industry apprehends that such timelines may pose significant execution challenges, even best efforts,” NHBF said.It has cited how the Delhi-Vadodara Greenfield Expressway, despite focused attention and continuous efforts by stakeholders, is yet to be completed even after more than five years from commencement. It has urged govt to set realistic construction timelines to ensure quality and timely completion.It has also raised its concern over the recent amendments to dispute resolution provisions of PPP agreements, wherein arbitration for disputes above Rs 10 crore has been restricted. The changes have been made with reference to the finance ministry’s June 2024 circular.NHBF has said that while arbitration has been curtailed, “well-advised and financially strong participants may still bid, but disputes — if they arise — are likely to go to courts”. It said in such a scenario, even relatively small contractual issues may result in prolonged litigation, disruption to project execution and escalation of claim values, ultimately leading to higher fiscal exposure for govt, rather than faster or more efficient dispute resolution.“There is also a concern that such a framework may inadvertently encourage the emergence of entities oriented more towards litigation-driven outcomes than execution, and that even minor disputes could potentially lead to complete stalling of projects, which may not align with the original objectives of the PPP highway programme,” the highway builders body said.
