Hybrid-Annuity Model Current Affairs, GK & News

India, ADB sign $490 Mn loan for PPP to upgrade Madhya Pradesh roads

The Asian Development Bank (ADB) and Government of India has signed a $490 million loan for public-private partnership (PPP) project for upgradation of about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths, with road safety features and all-weather standards in state of Madhya Pradesh. An additional $286 million ..