India Provides Grant Assistance Under Postal Highway Project

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India Provides Grant Assistance Under Postal Highway Project

July 20, 2017

India’s Ambassador to Nepal Manjeev Singh Puri handed over a cheque of Rs 23.73 million to Devendra Karki, Secretary at the Ministry for Physical Infrastructure and Transport in Kathmandu on Wednesday. It covers 25 percent of the tendered cost to construct the Maisthan-Gaushalabazaar-Samsi and Birendrabazaar-Yadukuha-Mahinathpur road stretches on the Postal Highway.

According to a statement issued by the Indian Embassy, this is part of the Rs 8,000 million grant assistance from the Indian government for the Postal Highway Project in Nepal.

As part of the multi-sectoral and multi-dimensional Economic Cooperation Program between the two countries, the Government of India has been providing support and financial assistance for infrastructure development in Nepal since 1950.

The Dhangadhi-Bhajaniya-Satti and Lamki-Tikapur-Khakraula roads on the Postal Highway, which were inaugurated in January this year, had been completed with the grant of Rs 1,020 million from the Indian government.

Published: July 20, 2017 | Author:


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