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NHAI signs agreement for its First International Project

Capital Market 

To provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, and Thailand, the (NHAI) has signed an agreement for upgradation of Yagyi - Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in to two lane with earthen shoulder. The agreement was signed by NHAI with M/s Ltd. - (JV).

The project has been funded by Ministry of External Affairs, and would be executed on mode at a cost of Rs.1177 crores.

The project will have 3 new major bridges and 2 new minor bridges. 4 existing major bridges and 9 existing minor bridges will be repaired and strengthened and 6 existing minor bridges will be reconstructed. The stretch will have 6 truck lay byes, 20 bus bays and passenger shelters and 1 rest area. The project would be completed in three years.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 09:28 IST