Highways ministry invokes catastrophic failure clause against 2 developers
The Highways Ministry has invoked the newly introduced provision of the catastrophic failure clause against two highway developers for major structural failures on National Highways projects.
The provisions of the catastrophic event allow highway-owning agencies to bar highway developers for two years from bidding for new projects.
Such highway builders also face negative ratings that will adversely impact their chances of getting future projects.
According to documents accessed by PTI, the Road Transport and Highways Ministry has notified a catastrophic event in a project comprising the four-lane Poondiankuppam-Sattanatharupam section of NH-45 (New NH-32) from km 67 to km 123 in Tamil Nadu under HAM mode.
"The bid project cost was Rs 2,120 crore, and it was awarded to M/S Poonadinkuppam Sattanathapuram Section Private Limited (Promoters-M/s Oriental) under a concession agreement.
The appointed date of the project was January 20, 2022, with a scheduled completion date of January 19,
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