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NHAI and NIIF Signs MoU for funding highway projects

NHAI and NIIF Signs MoU for funding highway projects_50.1

National Highways Authority of India (NHAI) and National Investment and Infrastructure Fund (NIIF) signed an MoU for funding highway projects.

The MoU is related to co-operation in formation of SPVs to execute the fund arrangement for large size road projects particularly green field projects to be executed by NHAI in future.

Static/Current Takeaways Important For RRB NTPC/IBPS RRB Mains:

  • Minister of road and highway: Shri Nitin Jairam Gadkari.

Source: The Press Information Bureau 

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