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Beneath the hybrid annuity mannequin, the federal government offers 40 per cent of the mission value to the developer to start work and the remaining funding is made by the developer.
The Ministry of Street Transport & Highways in a press release stated the 4-Lane huge part from Phagwara to Rupnagar on NH-344A developed by NHAI would give a serious increase to the street infra in Punjab.
The part connects main cities Amritsar – Jalandhar – Chandigarh and extends mobility to Kapurthala, Jalandhar, Ludhiana, Ropar, and Mohali.
The alignment will scale back the journey time between Jalandhar and Chandigarh to virtually half and supply direct entry to Khatkarkalan, which is the ancestral dwelling of Shaheed Bhagat Singh, the minister stated.