ADB loan of $300 Million to boost regional trade and roads in India
ROADS & HIGHWAYS

ADB loan of $300 Million to boost regional trade and roads in India

More than 300 kilometres of state highways and significant district roads in Assam, including six road segments in the state's western, central, and southern regions, will be upgraded thanks to a $300 million loan approved today by the Asian Development Bank (ADB).

The project will add new climate- and disaster-resistant structures and double the number of lanes on state highways and significant district roads. Infrastructure for pedestrians and public transportation will be built, highways in flood-prone areas will be elevated, and landslide control measures will be added in hilly and mountainous regions.

This project would upgrade the highways that connect the SASEC corridors and the borders with Bhutan and Bangladesh, which is projected to increase cross-border trade and transportation.

The project will support the Jogighopa multimodal logistics park that is being constructed as well as a future one in Silchar that will serve inland waterways, inland railroads, and airports.

Also read:
Ashoka Buildcon bags NHAI corridor project in Kerala
Jammu chief secretary holds meeting on road projects


More than 300 kilometres of state highways and significant district roads in Assam, including six road segments in the state's western, central, and southern regions, will be upgraded thanks to a $300 million loan approved today by the Asian Development Bank (ADB). The project will add new climate- and disaster-resistant structures and double the number of lanes on state highways and significant district roads. Infrastructure for pedestrians and public transportation will be built, highways in flood-prone areas will be elevated, and landslide control measures will be added in hilly and mountainous regions. This project would upgrade the highways that connect the SASEC corridors and the borders with Bhutan and Bangladesh, which is projected to increase cross-border trade and transportation. The project will support the Jogighopa multimodal logistics park that is being constructed as well as a future one in Silchar that will serve inland waterways, inland railroads, and airports. Also read: Ashoka Buildcon bags NHAI corridor project in Kerala Jammu chief secretary holds meeting on road projects

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?