New Delhi: The Union Cabinet on Thursday approved proposals for two highway projects with project cost of over Rs 5,000 crore, paving the way for taking the bidding process forward.
One is the Rs 2,015.6-crore highway proposal in Bihar, to be implemented with financial assistance from Japan, while the other is to four-lane 368.2-km-stretch in Odisha.
The Cabinet Committee on Economic Affairs (CCEA) also approved the implementation to four-lane the Patna-Gaya-Dobhi section in Bihar with Japan International Cooperation Agency (JICA) loan assistance.
The total length of the project will be 127.2 km with total capital cost of Rs 2015.6 crore, which includes cost of civil construction, supervision works, land acquisition, rehabilitation and pre-construction activities. The project will be completed within three years of signing the contract agreement.
The road will provide smooth connectivity to Gaya/Bodhgaya, Rajgir and Nalanda both from Patna and in turn connecting the East-West corridor and Golden Quadrilateral at Dobhi.
Odisha-Jharkhand Project
The other project involves four-laning of Baharagora-Sambalpur section in Odisha and Jharkhand under NHDP Phase IV on Design, Build, Finance, Operate and Transfer basis. The total length of the road will be 368.20 km.
The total cost of the project, including land acquisition, rehabilitation and pre-construction activities, is estimated at Rs 3,636.43 crore. The concession period will be 30 years, including a construction period of 36 months.
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