AP approves Rs 478-cr PPP plan to upgrade urban roads

<ul class='hocal_short_desc'><li>Taken up under PPP model, 40 % of project costs will be paid during construction phase, while the remaining will be released over the maintenance period</li><li>Contractors will be responsible not only for construction but also for operations and maintenance over a 10-year period</li><li>Contractors will be responsible also for routine maintenance, drain cleaning, lighting upkeep, road markings and landscaping, with penalties linked to defined service-level benchmarks</li></ul>