Govt approves Rs 3,691crhighway project in UP
The Centre has approved a Rs 3,691 crore highway project in Uttar Pradesh that is part of the Golden Quadrilateral between Delhi and Kolkata.
“The Cabinet Committee on Economic Affairs, led by the Prime Minister Narendra Modi, has given its approval for development of six laning of Chakeri-Allahabad section of National Highway (NH) – 2 in Uttar Pradesh,” Ministry of Road Transport and Highways said in a statement.
The cost of the project is estimated to be at Rs 3,691.09 crore, including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road to be developed is approximately 145 kms.
“This work will be done under National Highways Development Project (NHDP) Phase V on Hybrid Annuity Mode,” the statement said.
The project will help in expediting the improvement of infrastructure in Uttar Pradesh and will also help the socio-economic condition of this region in the state, the statement added.
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Via:: Stock – India Infoline