New Delhi, Dec 2:
The Cabinet Committee on Economic Affairs (CCEA) Tuesday approved development of the four-laning of the Singhara-Binjabahal section of National Highway-6 in Odisha, an official statement said here.
The cost of the project is estimated to be Rs 1077.11 crore including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 104 km, the statement said.
“This work will be under the National Highways Development Project (NHDP) Phase-IV. The approval is in build-operate-transfer (BOT) (toll) mode on design, build, finance, operate and transfer (BOT/DBFOT) basis,” it said.
The project will expedite improvement of infrastructure in Odisha.
The development of this stretch will also help in uplifting the socio-economic condition of the concerned regions of the state and would also increase employment potential for local labourers for project activities.
Implementation of this project will help in reducing the time and cost of travel for traffic, particularly heavy traffic, plying on the Singhara-Binjabahal sector.
The project is covered in the regions of Singhara and Binjabahal in Odisha. (IANS)