Download Unicorn Signals App

Powered By EquityPandit
Latest News

NHIDCL will invest Rs 25,000 crore on 21 projects in Assam

On Friday, the National Highways & Infrastructure Development Corporation Ltd (NHIDCL) said that it is going to invest around Rs 25,000 crore for the completion of 21 road and bridge projects in Assam over the next five years.

The Managing Director of NHIDCL, Anand Kumar said that “Our focus is on infrastructure to unlock the potential of land, manpower and resources. We want to develop the infrastructure in North East to bring the region closer to mainstream.”

He said that “these 21 projects are scheduled to complete by March 2020. These will entail an investment of around Rs 25,000 crore, including construction cost, land acquisition price and payments for reforestation. This will be financed by the Central government.”

Read EquityPandit’s Technical Analysis of Indian Stock Market

Get Daily Prediction & Stocks Tips On Your Mobile