The government today approved two highway projects for widening of roads in Bihar, Jharkhand and Odisha at an expenditure of Rs 5,652.03 crore.
The projects approved by the Cabinet Committee on Economic Affairs (CCEA) included Rs 2,015.60 crore scheme for widening of Patna-Gaya-Dobhi section in Bihar and Rs 3,636.43 crore project for Baharagora-Sambalpur stretch in Odisha and Jharkhand, an official statement said.
"The CCEA today approved the implementation of four laning of Patna-Gaya-Dobhi section on NH-83 in Bihar with Japan International Cooperation Agency (JICA) – ODA Loan Assistance," the statement said about the Bihar project.
It said the widening of the 127 km stretch, a part of the Buddhist Circuit which also serves as link road for the proposed world class international Nalanda University at Rajgir entails a total capital cost of Rs 2,015.60 crore including cost of civil construction, supervision works, land acquisition, rehabilitation and pre-construction activities.
The Japanese government is ready to fund the project that takes off from NH-30 at Patna and ends at junction of NH-83 and NH-2 (Golden Quadrilateral) at Dobhi through JICA loan.
It will be completed within three years of the signing of agreement.
"The project road will provide smooth connectivity to Gaya/Bodhgaya, Rajgir and Nalanda both from Patna and in turn connecting the East-West corridor and Golden Quadrilateral at Dobhi on NH-2. It also will provide substantial economic gain in terms of reduced vehicle operating costs and reduced travel time," the government said.
JICA has already agreed to provide loan assistance with 100 percent financing for civil construction and supervision work for the implementation of four laning of the Patna-Gaya-Dobhi Project. The disbursement period of the loan under the agreement shall be within ten years from the date of the loan pact.
The other project pertains to four/two laning of 368.20 km Baharagora-Sambalpur section of NH-6 in the Odisha and Jharkhand under National Highways Development Project (NHDP) Phase IV on Design, Build, Finance, Operate and Transfer (DBFOT) basis.
"The total cost of the project including land acquisition, rehabilitation and pre-construction activities will be Rs 3,636.43 crore. The concession period will be 30 years including construction period of 36 months," the statement said.
It added that the main object of the project is to expedite the improvement of infrastructure in both the states also in reducing the time and cost of travel for traffic, particularly heavy traffic, plying between Baharagora and Sambalpur.
NH-6 is a major link for Kolkata in West Bengal to Hazira Port in Gujarat.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
