Rediff.com  » Business » Govt approves 6 road proposals worth Rs 9,774 cr

Govt approves 6 road proposals worth Rs 9,774 cr

July 13, 2011 11:29 IST

The finance ministry has approved six road proposals at an estimated cost of Rs 9773.85 crore (Rs 977.73 billion) under public-private partnership (PPP).

The Public Private Partnership Approval Committee (PPPAC), chaired by Economic Affairs Secretary R Gopalan, had granted approval to the six proposals of the ministry of road transport and highways spread across five states, an official statement said.

The projects approved, include six laning of Kishangarh Udaipur Ahmedabad section of NH 79A, NH 79, NH 76 and NH 8 in Rajasthan and Gujarat worth Rs 5,387.30 crore (Rs 53.87 billion).

Also four laning of Lucknow-Sultanpur section of NH 56 in Uttar Pradesh worth Rs 1,013 crore (Rs 10.13 billion) and four laning of Angul-Sambalpur section of NH 42 in Orissa for Rs 1,220.32 crore (Rs 12.20 billion).

The other projects are two/four laning of Birmitrapur to Barkote section in Orissa (Rs 778.15 crore), four laning with paved shoulder of Bhopal to Biaora section in Madhya Pradesh (Rs 704.26 crore) and four laning of Rewa to MP/UP Border of NH 7 (Rs 670.82 crore).

The

other projects approved are in Uttar Pradesh, Orissa and Madhya Pradesh. All the projects are related to expansion of national highways in the respective states.

The PPPAC has approved 226 projects with an estimated cost of Rs 224,464.51 crore (Rs 2,244.64 billion) since it was formed in 2006.

The projects include roads in national highways, ports, airports, housing, tourism infrastructure, Railways and sports stadia.

BS Reporter in New Delhi
Source: source
SHARE THIS STORY