India, World Bank sign a $500 mn deal for Green National Highway Corridor
ROADS & HIGHWAYS

India, World Bank sign a $500 mn deal for Green National Highway Corridor

The World Bank and the Indian government inked a deal for Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh to receive USD $500 million for building of the Green National Highway Corridor Project (GNHCP). It is estimated that the project will cost around Rs.76.62 billion in total.

The GNHCP will be finished by May 2026 and it will use a number of cutting-edge strategies to lower carbon emissions and preserve natural resources over the course of its lifetime.

This project uses reclaimed asphalt pavement to conserve natural resources; it encourages the use of local materials like lime, fly ash and waste plastic and uses bio-engineering techniques to protect the slope such as hydro-seeding, interlink chain mesh with grass strips and Geocell with hydro-seeding.

During the project life cycle, it is anticipated that usage of green technology and bioengineering solutions, specifically in hilly areas, will lower carbon emissions and guarantee the preservation of natural resources.

The World Bank and the Indian government inked a deal for Himachal Pradesh, Rajasthan, Uttar Pradesh and Andhra Pradesh to receive USD $500 million for building of the Green National Highway Corridor Project (GNHCP). It is estimated that the project will cost around Rs.76.62 billion in total. The GNHCP will be finished by May 2026 and it will use a number of cutting-edge strategies to lower carbon emissions and preserve natural resources over the course of its lifetime. This project uses reclaimed asphalt pavement to conserve natural resources; it encourages the use of local materials like lime, fly ash and waste plastic and uses bio-engineering techniques to protect the slope such as hydro-seeding, interlink chain mesh with grass strips and Geocell with hydro-seeding. During the project life cycle, it is anticipated that usage of green technology and bioengineering solutions, specifically in hilly areas, will lower carbon emissions and guarantee the preservation of natural resources.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement