India, April 2 -- The Government of India has issued a release:
In view of the prevailing global scenario and the consequent rise in prices of fuel, construction materials, and related logistics, the Government of India has announced a set of measures to address the impact on National Highway projects. These measures are aimed at providing relief to contractors and concessionaires while ensuring uninterrupted construction and maintenance of National Highway projects across the country. These measures will be applicable for a period of three months, from 1st April till 30th June 2026, or until further review based on the global economic situation.
As part of the measures, provisions for EPC projects and HAM projects have been relaxed to en...