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The Srinagar Ring Road Phase-II project, which will cost $617.73 crore, has been put out to bid by the National Highways Authority of India. It is being built as part of the Bharatmala Pariyojna-I and entails converting an existing two-lane stretch of the NH-1 into a four-lane dual carriageway from Sumbal to Wayul using an engineering, procurement, and construction (EPC) model.
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