Friday, June 24, 2011

Centre's nod to Rs 919.76-cr highways project in Madhya Pradesh Centre's nod to Rs 919.76-cr highways project in Madhya Pradesh


NEW DELHI: Centre has given its approval to Rs 919.76-cr highways project in Madhya Pradesh under the National Highways Development Project (NHDP).

According to a government statement, “The Cabinet Committee on Infrastructure today approved four laning of Jabalpur-Lakhanadone section on National Highway 7 in Madhya Pradesh under NHDP Phase IV-A on Design, Build, Finance, Operate and Transfer (DBFOT) basis in Build, Operate and Transfer (BOT) toll mode of delivery.”

The net estimated project cost is Rs 919.76 crore, out of which Rs 143 crore will be used for land acquisition, rehabilitation and resettlement and pre-construction related works.

The net length of the project is 80.825 km. When the project gets completed, it will bring down the time and also the travel coat for traffic plying between Jabalpur and Lakhanadone. When this project gets completed, then it will surge the employment potential for the local labourers.

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