CCEA gives nod to three highway projects in three states

The Cabinet Committee on Economic Affairs (CCEA) has approved three highway projects in Haryana, Uttar Pradesh and Maharashtra with a total cost of 5,150 crore rupees.

All the three projects will be implemented on Build–operate–transfer BOT (toll) model. The private sector will invest in it to meet the capital cost of projects which will be recovered by collection of toll during the concession period.

These projects include

  • Eight-laning of Mukarba Chowk to Panipat section of National Highway (NH)- 1 in Delhi and Haryana. The total length of the project will be around 70 kilometer and will cost of over 2204 crore rupees.
  • Six laning of Agra-Etawah section of NH- 2 in Uttar Pradesh. The total length of the road will be over 124 kilometer at an estimated cost of over 1787 crore rupees.
  • Four laning of the Solapur-Bijapur section of NH- 13 in Maharashtra and Karnataka. It will cost around 1538 crore rupees.

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Categories: Business & Economy Current Affairs 2017India Current Affairs 2017

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Comments

  • AMITENDRA
    Reply

    such a good move by GOI, this will strengthen our roadways system, will lubricate transportation as roads are always play a very crucial in this regard.
    this will help to boost tourism as Agra-Etawah highway will be 6 lane and the experience to travel will be very exciting. More This will help to generate more opportunities to our farmers to improve there reach.