CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
NHAI inks pact with ____ to fund highway projects, recently.
A
Bain Capital
B
TPG Capital
C
The Blackstone Group
D
NIIF
Explanation: 

Detailed explanation-1: -The Ganga Expressway project, starting from NH-334 near Meerut and terminating at NH-19 in Prayagraj, will perk up the construction pace in 2023. As per the report, IRB Infrastructure Developers and Adani Enterprises Limited had surfaced preferred bidders for the working on the projects In November 2022.

Detailed explanation-2: -“The largest highway project in India, the Golden Quadrilateral project was launched in 2001 as part of National Highways Development Project (NHDP).”

Detailed explanation-3: -As of July 2022, 24 expressways with a combined length of 3,219.3 km (2,000.4 mi) are operational in India.

Detailed explanation-4: -The National Highways Development Project (NHDP) is a project to upgrade, rehabilitate and widen major highways in India to a higher standard. The project was started in 1998 under the leadership of Prime Minister, Atal Bihari Vajpayee.

There is 1 question to complete.