Expressway develops major defects weeks after opening; NHAI imposes maximum 3-year ban on concessionaire, first-ever full toll suspension and Rs 42 lakh daily compensation
The damage to several sections has raised concerns because the expressway was developed under the Hybrid Annuity Model. (Image for representative purpose only) Taking a stern view, the National Highways Authority of India (NHAI) has barred PNC Infratech, the concessionaire for the Kanpur-Lucknow Expressway, from bidding for its projects for three years. This is the…