Business News | Green Highways to Be Built in Four States with World Bank Assistance
Get latest articles and stories on Business at LatestLY. The central government and the World Bank have signed an agreement for the construction of a green national highway corridors project (GNHCP) in an aggregate length of 781 km in the states of Himachal Pradesh, Rajasthan, Uttar Pradesh, and Andhra Pradesh.
New Delhi [India], March 15 (ANI): The central government and the World Bank have signed an agreement for the construction of a green national highway corridors project (GNHCP) in an aggregate length of 781 km in the states of Himachal Pradesh, Rajasthan, Uttar Pradesh, and Andhra Pradesh.
The loan assistance would be US 500 million against a total project cost of USD 1288.24 million (Rs. 7,662.47 crore), Union Minister for Road Transport and Highways Nitin Gadkari said in a written reply in the Rajya Sabha.
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The objective of the GNHCP is to demonstrate safe and green highways keeping in view climate resilience and the use of green technologies by incorporating the provisions of conservation of natural resources using cement-treated sub base/reclaimed asphalt pavement, use of local/ marginal material such as lime, fly ash, waste plastic, bio-engineering measures for slope protection such as hydroseeding, coco/jute fibre etc.
It will enhance the ability of the ministry to bring Green technologies into the mainstream. (ANI)
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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)