Rs 5,652-cr road projects in Bihar, J'khand, Odisha okayed

Projects include widening of Patna-Gaya-Dobhi section in Bihar, Baharagora-Sambalpur stretch in Odisha and Jharkhand

Image
Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

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.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jan 10 2013 | 3:44 PM IST

Next Story