India: National Highway Development Project
This is India’s largest ever highways project and a major initiative for capacity enhancement of national highways, converting roads into around 13,146 Km of 4-6 lane highways. Projected results include uninterrupted traffic flow, savings in fuel consumption, and reduced GHG emissions.
Date Implemented: 1998
Status: In Force; Government Initiative
Funding Information: Total costs: estimated US$(1999) 13.2 Billion. Funding from Cess on Petroleum and Diesel, outside assistance, market borrowing and private sector participation
Targets: Golden Quadrilateral (GQ) (~5846 km) Connecting Delhi, Kolkata, Chennai and Mumbai - scheduled for substantial completion by 2003; North-South & East-West Corridors (~7 ,300 km) Kashmir to Kanyakumari and Silchar to Porbandar - scheduled for completion by 2007
References: National Highways Authority of India
http://www.nhai.org/index.asp