Cabinet may consider today Rs 50,000 crore plan to build 8 key highways – Times of India

Cabinet may consider today Rs 50,000 crore plan to build 8 key highways – Times of India



NEW DELHI: Cupboard is more likely to take up eight main freeway growth proposals value round Rs 50,000 crore for approval on Friday. These tasks are unfold throughout Uttar Pradesh, Assam, Madhya Pradesh, Maharashtra and West Bengal.
TOI has learnt that the tasks embody 68-km Ayodhya Bypass, 121-km Guwahati Ring Highway, 516-km Kharagpur-Siliguri expressway, 6-lane Agra Gwalior greenfield freeway (88 km) and an 30-km lengthy elevated freeway having eight lanes between Nasik and Khed (Pune).All of the tasks will likely be constructed on public personal partnership (PPP) mode, sources mentioned. NHAI has invited bids for many of those tasks and has held rounds of conferences with freeway builders to elicit extra curiosity amongst them.
Since all these massive tasks price greater than Rs 1,000 crore underneath PPP must be appraised by inter-ministerial panel of PPPAC and should get the cupboard’s approval for bidding. “There are some gamers who’re eager to take up solely PPP tasks. We have now bought good suggestions. As soon as the cupboard provides its nod, we are going to go forward with awarding them,” an official mentioned.
In the meantime, sources mentioned govt could not give umbrella approval for any freeway growth scheme within the close to future like “Bharatmala”, which means the highway transport and highways ministry might want to ship every undertaking costing greater than Rs 1,000 crore to cupboard for approval. The freeway ministry is more likely to ship an inventory of extra tasks it plans to take to the cupboard for approval by December. Sources mentioned to streamline the method of land acquisition for tasks, the freeway companies will likely be allowed to go for 3D notification solely after getting Cupboard approval. Within the case of widening of brownfield highways, the 3D notification will likely be issued after a high-level committee finalises the alignments and offers its approval.







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