Highway projects get three more months of bitumen, diesel cost escalation cover amid West Asia crisis

The ministry of road transport and highways is extending the cost compensation for bitumen and diesel. This extension will apply to projects executed until December 31, 2026. Work carried out will only qualify if the bid due date was set before April 1, 2026. The compensation aims to address the impact of rising diesel prices on highway construction.

from News-Economic Times https://ift.tt/EZzRG9N