Active Stocks
Thu Mar 28 2024 13:49:19
  1. Tata Steel share price
  2. 155.60 1.80%
  1. HDFC Bank share price
  2. 1,454.40 0.95%
  1. Power Grid Corporation Of India share price
  2. 277.00 2.20%
  1. ITC share price
  2. 430.30 0.54%
  1. State Bank Of India share price
  2. 754.80 2.83%
Business News/ Politics / News/  Govt approves road improvement projects worth Rs4,802.95 cr
BackBack

Govt approves road improvement projects worth Rs4,802.95 cr

Govt approves road improvement projects worth Rs4,802.95 cr

Premium

By PTI

New Delhi: The government today approved various road improvement projects worth Rs4,802.95 crore, spanning 639.75 km in Orissa, Madhya Pradesh, Maharashtra, Tamil Nadu and Andhra Pradesh.

The Cabinet Committee on Economic Affairs gave its nod for four-laning of Panikoili-Keonjhar-Rimouli, Rimouli-Roxy- Rajmundra and Chandikhole-Duburi-Talcher stretches in Orissa totalling 402 km to be executed with an estimated cost of Rs2,989.27 crore under National Highways Development Programme (NHDP) phase-III A on build operate, transfer (BOT) basis.

CCEA approved four/six laning of Madhya Pradesh/ Maharashtra Border-Dhule section and six-laning of Pimpalgaon-Nasik-Gonde section of National Highway-3 under NHDP phase-III A on BOT basis.

The Committee also gave it nod for two-laning of paved shoulder of Karaikudi-Ramanathapuram section of NH-210 in Tamil Nadu NHDP phase-III. The 80-km project is estimated to be executed at a cost of Rs530.33 crore.

The CCEA also approved four-laning of Armur-Adloor-Yellareddy section of NH-7 in Andhra Pradesh under NHDP phase-III on BOT basis. The 60.25 km project is expected to be completed at a cost of Rs531.67 crore.

All the projects will be developed by the National Highways Authority of India (NHAI) through private sector concessionaires who will be selected by NHAI following two-stage bidding process, Minister for Science and Technology Kapil Sibal said here.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 02 Jan 2009, 02:50 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App