Government eases curbs on steel for highway construction to reduce cost
Earlier, the contract provisions required use of steel produced by main/built-in steel producers solely. The transfer is geared toward making certain cost reduction in highways construction utilizing steel.
“The Ministry of Road Transport and Highways has issued orders that all steel – whether produced from ore, billets, pellets or melting of scrap – would be allowed to be used for National Highway construction, as long as it meets the standards required for specific grades of steel,” the Ministry mentioned in an announcement.
The steel proposed to be used could be examined in NABL-accredited laboratories as a 3rd get together verify earlier than approval. The transfer is predicated on the evaluation and discussions with stakeholders and likewise technical opinion.
In view of the rise in steel costs, which may influence the cost of constructing nationwide highways, Road Transport & Highways Minister Nitin Gadkari had steered the necessity to re-look in any respect circumstances which may very well be restrictive, with out impacting the standard of fabric used for highway construction.
With this step, the provider base for steel used within the construction of nationwide highways would enhance, main to extra competitors and higher value discovery by the markets, the assertion mentioned.
This can be a part of the continual effort by the Minister to reduce prices by way of use of latest know-how, decreasing restrictions on suppliers and making the procurement system clear, it added.
