4-lane section from Phagwara to Rupnagar on NH-344A being executed at Rs 1,367 cr: Nitin Gadkari
Union Minister Nitin Gadkari on Tuesday said the four-lane wide section from Phagwara to Rupnagar on NH-344A is being executed in hybrid annuity mode at a cost of Rs 1,367 crore.
Under the hybrid annuity model, the government provides 40 per cent of the project cost to the developer to begin work and the remaining investment is made by the developer.
