New Delhi, Mar 13 : The Cabinet Committee on Economic Affairs on Friday gave its approval for rehabilitation and upgradation of National Highways covering a total length of over 780 kms in the States of Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh.
The decision was taken at a meeting chaired by Prime Minister Narendra Modi here. The project involves investment of Rs 7662.47 crore which includes a loan component of Rs 3500 crore. The loan assistance of the World Bank will be under Green National Highways Corridor Project (GNHCP).
The project also includes the maintenance of these National Highways stretches for 5 years (in the case of flexible pavement)/10 years (in the case of rigid pavement) after completion of construction. (UNI)