Government clears Rs. 5,939-cr road projects – Feedback

In its quest to provide hassle-free transport facilities in states like Maharashtra, Andhra Pradesh, Telangana, Sikkim, and Assam, among others, the government has recently cleared 8 highway projects entailing an investment worth Rs. 5,939cr. Of these, four will be implemented under the hybrid annuity model while two under Engineering, Procurement and Construction (EPC) mode.

Four of the projects with a total cost of Rs. 4,876-cr have been approved for Maharashtra which included four-laning of Chikhali to Tarsod (package 1) section of NH-6 and four- laning of Waranga-Mahagaon section of NH-361, both under hybrid annuity model. The remaining two for Maharashtra included four-laning of Mahagaon -Yavatmal section and Yavatmal-Wardha of NH-361 too on hybrid annuity model. The Rs. 574-cr project for Andhra Pradesh pertains to two-laning of Barsagaon to Rahatee section of NH-214A while for Telangana, the Ministry approved two-laning of Barasagon to Rahatee section of another National Highway.

http://www.nbmcw.com/news/34839-govt-clears-rs-5-939-cr-road-projects.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *