Peeved at the inordinate delay in reaching the target of commercial operation date of the Kundli-Manesar-Palwal (KMP) Expressway ,the Haryana government has finally imposed a penalty on the concessionaire of the project.
The government has served a notice and imposed penalty at rate of 0.01 per cent of the total project cost per week on the concessionaire,M/s KMP Expressways Ltd,for its failure in completing the Expressway within the prescribed deadline.
The project with the original schedule deadline of July 29,2009,has already been delayed nearly three years. The original cost of the project was pegged at Rs 1,200 crore. But as per the details submitted by the concessionaire to the government,it has already spent Rs 1232.26 crore – the figure is yet to be authenticated by the auditors.
Earlier,a high powered committee in one of its meeting held on November 16,2011,had decided to impose the penalty on the concessionaire. Since the project could achieve only 65.66 per cent physical progress by January 31,2012,a revised target to start commercial operation was set for December 31,2012.
Irked at the repeated delays,the Haryana State Industrial and Infrastructure Development Corporation (HSIIDC),the nodal agency assigned to overview the progress of the Expressway decided to impose the penalty to which the government accorded sanction. The HSIIDC also decided to make an observation regarding this to the Union Ministry of Road Transport and Highways,Monitoring Committee and the National Highways Authority of India (NHAI).
The Haryana government just two days ago announced various big-ticket projects alongside the KMP Global corridor and decided to create major industrial and infrastructure hubs.
We hope that the concessionaire completes the project within the revised deadline. If not,it would lead to delay in executing the other projects linked with it, a senior officer said.
The 135-km long KMP Expressway was conceived to provide direct access to Gurgaon,Faridabad and Rajasthan without passing through Delhi to commuters from the regions of Punjab,Haryana,Himachal and Jammu and Kashmir.
The expressway was allotted a concession period of 23 years and nine months,including 36 months of the construction period. The alignment of the KMP Expressway takes off from NH-1 near Kundli,crosses NH-10 west of Bahadurgarh,crosses NH-8 near Manesar and finally joins NH-2 near Palwal.