Category: Loans & Grants

The Ministry of Road Transport and Highways (MoRTH) has approved funds worth Rs 3,048 million for construction of Major Bridges over Rivers Kangshabati, Shilabati Project in West Bengal on November 14, 2023.

The Government of Assam has sanctioned funds worth Rs 55,000 million for Kaziranga National Park Four Lane Elevated Road, Tunnel Project (NH-715).

The Ministry of Road Transport and Highways (MoRTH) has approved and sanctioned funds worth Rs 14,709.3 million.

The Government of Maharashtra (GoM) has sanctioned funds worth Rs 7,920 million to build five Road over Bridges (RoBs) in Nagpur.

IRB Infrastructure Trust, the private Infrastructure Investment Trust (InvIT) of IRB, has completed the refinancing of five build operate transfer (BOT) projects.

The Ahmedabad Municipal Corporation (AMC) has allocated Rs 1.80 billion for expanding its white-top road network, following recent approvals.

Macquarie and KKR are currently in negotiations with Indian lenders to collectively secure Rs 85 billion (about $1 billion) in fresh loans for their road ventures in India.

To foster connectivity, Asian Development Bank (ADB) has granted its approval for loan worth Rs 14.54 billion (USD 175 million) for the upgradation of roads in Madhya Pradesh.

The Ministry of Road Transport and Highways(MoRTH) has approved funds worth Rs 1,542 million for construction of two bridges in Himachal Pradesh.

The National Highways Authority of India (NHAI) has approved funds worth Rs 5,600 million for implementation of various road projects in Kerala.

The Assam cabinet granted revised administrative sanction for Gauripur Trumpet Interchange Project worth Rs 4,075 million on September 8, 2023.

The Government of Rajasthan (GoR) has approved funds worth Rs 2,564.6 million for Chambal High Level Bridge Project (SH-120).

Centre has granted the approval for funding of Rs 26.43 billion dedicated to the enhancement of 254 rural roads across the state.

The Ministry of Road Transport and Highways (MoRTH) is expected to fund five road projects in Kerala.  

The Government of Uttar Pradesh (GoUP) has allocated funds worth Rs 486.2 million for DND Maharani Bagh-Jaitpur-Pushta-Ballabgarh Road Project. 

The Union Government has allocated funds worth Rs 1,467.9 million for the Four Laning Road Project in New Shillong Township.

The Union Government has sanctioned 91 roads and 30 long span bridges in Arunachal Pradesh.

The Ministry of Road Transport and Highways (MoRTH) has sanctioned funds for three road projects in Bihar.

Asian Development Bank (ADB) and the Government of India (GoI) signed a loan agreement worth Rs 24.27 billion (USD 295 million) for Enhancing Connectivity and Sustainability on July 27, 2023.