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Govt relaxes payment norms for highway projects amid rising cost
short by Vaishnavi Mishra / on Friday, 3 April, 2026
Government relaxed provisions for engineering, procurement, and construction (EPC) and hybrid annuity model highway projects to enable monthly payments to contractors and concessionaires. The price adjustment payments under EPC contracts shall be released along with monthly payments. The measures come as a relief to contractors amid rising costs of construction components driven by West Asia war.
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