NHAI collaborates with PFC for Green Highway in Nagpur

NHAI collaborates with PFC for Green Highway in Nagpur

In the very first collaboration under the “Adopt a Green Highways” program of NHAI for developing green corridor along National Highways, the National Green Highways Mission (NGHM) under NHAI announced collaboration with state-owned Power Finance Corporation Ltd. (PFC) for planting trees on NH 7 in Nagpur region (Borkhedi – Wadner, & Khatara – Kelapur) covering 87 km stretch.

NGHM’s “Adopt a Green Highways” program is aimed at engaging corporates, Public Sector Units, Governmental organizations, institutions and individuals under CSR and Public Private Partnership for developing green corridor along NHs.

Power Finance Corporation Ltd. has provided financial assistance of Rs 13 crore for plantation and five year maintenance under their CSR funds.

A formal MoA was signed between PFC and NHAI today at NHAI headquarters in the presence of Shri Raghav Chandra, Chairman – NHAI, G.S. Ghai, Executive Director – PFC, Dr. A.K. Bhattacharya, MD NGHM and other senior officials of PFC and NHAI. The project will initiate with immediate effect after signing of MoA.

Dr. A.K. Bhattacharya, MD, NGHM informed that this will open new vistas for PSUs & Corporate houses to utilize their CSR funds for greening of highways and creation of ecological assets. Discussions with other PSUs such as Coal India Ltd and other corporates are under process to promote Greening of Highways.

For the proposed work in Nagpur, NGHM has engaged four empanelled agencies to execute plantation and maintenance work. The agencies have been mandated to engage atleast 70% work force from the local community, thereby enhancing livelihood opportunity. Out of these four agencies, 3 are start-ups, which is in line with the vision of Hon’ble Prime Minister Shri Narendra Modi to promote startup India campaign.

READ  Turn Indian Railways into a holding company

Leave a Reply

Your email address will not be published.