Green National Highway Corridor Project: Nitin Gadkari, the Union Minister for Road Transport and Highways, announced the signing of a significant agreement with the World Bank for the Green National Highway Corridor Project (GNHCP). This project, spanning 781 kilometers, will be developed across Himachal Pradesh, Rajasthan, Uttar Pradesh, and Andhra Pradesh.
Green National Highway Corridor Project: Project Cost and Funding
The total cost of the GNHCP is estimated at USD 1,288.24 million (Rs. 7,662.47 crores). The World Bank has provided a loan of USD 500 million to support the construction and development of this environmentally focused highway initiative.
Environmental Impact
The GNHCP aims to promote sustainable infrastructure by integrating green practices into highway construction. This initiative is expected to enhance eco-friendliness and reduce the environmental footprint of highway projects.
Strategic Importance
The project will improve connectivity across key states, facilitating economic growth and development. The implementation of green technologies in highway construction aligns with India’s commitment to sustainable development and climate action.