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GMR wants to resume highway project, offers guarantee

GMR wants to resume highway project, offers guarantee

A fresh offer has been said to be offered by GMR Infrastructure for restarting work on India's largest road project, the 555-km-long Kishangarh-Udaipur-Ahmedabad highway. The company has told the Road Transport Ministry that it will provide a corporate guarantee of Rs 4,256 crore in exchange for reduction in the annual upfront payment.