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ARTICLE · 09 FEBRUARY 2023

JSA Newsletter - Highways & Logistics

JSA Advocates & Solicitors
JSA Advocates & Solicitors
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JSA Advocates & Solicitors

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This JSA Highways & Logistics Newsletter focuses on key developments undertaken in the Indian roadways and logistics sector for the period between October – December 2022.

IndiaGovernment, Public Sector

This JSA Highways & Logistics Newsletter focuses on key developments undertaken in the Indian roadways and logistics sector for the period between October – December 2022.

Ministry of Road Transport and Highways extends relief measures to contractors on account of COVID

The Ministry of Road Transport and Highways (“MoRTH”) issued a circular dated December 1, 2022 extending certain relief measures, available to the contractors/developers of HAM/EPC projects in the road sector, until March 31, 2023.

The relief measures which have been made available to the contractors/ developers until March 31, 2023 include:

  1. The conditions specified in Schedule G/H of the relevant HAM/ EPC contracts, which specifies the release of portion of contract price for different stages of construction, will continue to remain relaxed and payments will be released to the contractor/ developer on a monthly basis for the work completed in the relevant month as per specifications.

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