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'Govt saved 12% on costs in Dwarka Expressway project'

Mint Mumbai

|

August 17, 2023

CAG found that the elevated carriageway plan raised construction cost to ₹251 cr per km from ₹18.2 cr

'Govt saved 12% on costs in Dwarka Expressway project'

The Union government saved about 12% in the construction cost of the country's first eight-lane, four-level Dwarka Expressway project from the initial estimates, and the findings of the official auditor CAG that the project cost was exorbitant and much higher than established cost structure is misplaced, an official in the ministry of road transport and highways said on Wednesday.

The official, speaking on condition of anonymity, said that all four packages of Dwarka Expressway were put for tender at an average civil cost of ₹206.39 crore per km but the contracts were finally awarded at a lower rate of ₹181.94 crore per km, thereby making a saving from the initial estimates.

MEER VERHALEN VAN Mint Mumbai

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Anil Ambani moves SC over fraud tag

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time to read

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UK lawmaker Tulip Siddiq sentenced in Bangladesh graft case

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time to read

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Rupee at record low, no US deal drags

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