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Govt hopes to spend Rs 8,500 cr on roads via EPC mode

Govt hopes to spend Rs 8,500 cr on roads via EPC mode

The Union Road Transport and Highways Ministry is likely to spend the unspent Rs 8,500 crore - raised by NHAI through tax-free bonds - if it gets clearances for award of projects through the engineering, procurement and construction (EPC) mode, the Ministry said on February 2.