Govt approves Rs 2,070-crore highway project in Punjab – Feedback

The Union Cabinet on Wednesday approved a Rs 2,070-crore highways project in Punjab under its hybrid annuity mode to ensure faster movement of traffic between Chandigarh and Ludhiana.

“The project is part of Chandigarh-Ludhiana section. Six/ four laning of Kharar to Ludhiana section of NH 95 (New NH 5) has been approved by the Cabinet,” Road Transport and Highways Minister Nitin Gadkari said after the Cabinet meeting. The highway at present is only two-lane. The project is scheduled to be completed in 30 months, the minister said adding, out of the total, 54 km will be widened to six lane and the remaining 22 km will broadened to four lanes. The Ministry of Road Transport and Highways had in 2006 approved the Chandigarh-Ludhiana section of NH 21 and NH 95 through public-private-partnership (PPP) on build, operate, transfer (BOT) basis under NHDP Phase V.

http://www.businesstoday.in/sectors/infra/highway-project-in-punjab-cleared-by-govt/story/233830.html

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