Monday, June 23, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

WB supports US$210M road upgrade

Fiinews by Fiinews
April 25, 2018
in Banking & Finance, Contract, Economy, Infrastructure, Investment, Projects, Roads, Tenders
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Upgrade for 10,000-km roads in MP

Air India Express Flyer SIN 4 Sectors (1)

The World Bank has signed a US$210 million loan agreement for the Madhya Pradesh Rural Connectivity Project, covering 10,510 km.

The loan was signed with the Indian and State governments in New Delhi on 24 April 2018.

It would help upgrade 10,000 km from existing gravel to bituminous surface roads, while 510 km of new roads will be built to the same bituminous surface standard.

“Government of India is making all efforts to ensure that communities in the most remote areas across the country are connected through a road network. All weather road connectivity is crucial for economic growth, especially in the rural areas,” said Sameer Kumar Khare, Joint Secretary, Department of Economic Affairs.

“The Madhya Pradesh roads project will enhance rural road connectivity in the state which will open up opportunities for economic development and access to social services for beneficiary communities in the state and help in reducing poverty,” he said.

The project agreement was signed by Khare, Pankaj Jhawar, Chief General Manager, Madhya Pradesh Rural Road Development Authority on behalf of the Government of Madhya Pradesh; and Hisham Abdo, Acting Country Director, World Bank India, on behalf of the World Bank.

“This project will leverage resources to support innovations in road construction, improve road safety, and reduce carbon footprint in the transport sector by mainstreaming climate resilient technology in road design and construction,” said Hisham Abdo. fii-news.com

Tags: Department of Economic AffairsThe World Bank
ShareTweetShare

Related Posts

Kings Infrastraucture
Tenders

Tender: Kings Infra welcomes RBI Rs.10 lcr credit

by Fiinews
June 23, 2025
0
12

RBI frees up capital for sustainable infrastructure Kings Infra Ventures Ltd has welcomed the Reserve Bank of India’s decisive policy...

Oreda
Tenders

Tender: Odisha to develop 5,000 MW renewables

by Fiinews
June 23, 2025
0
23

Dexian proposes PIMIS for implementing projects Odisha aims to add over 5,000 MW of renewable energy capacity by 2030, through...

Campus Fund

Invest: Campus Fund backs first-time founders

June 23, 2025
15
MNRE

Tender: Rooftop solar boosting program launched

June 23, 2025
15

Tech: BSNL Quantum 5G FWA soft launched

June 22, 2025
13
Steel Cutting Of Navy Ship

Project: HSL holds FSS steel cutting ceremony

June 22, 2025
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: Intellipaat integrates Agentic AI
  • Tender: Kings Infra welcomes RBI Rs.10 lcr credit
  • Tech: Vexoo Labs builds factual AI for MSMEs
  • Export: New rules imposed on material imports
  • Tech: HCLTech to enhance operations at Just Energy

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.