"The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for development of the four laning/two laning of the Chandikhole-Dubari-Talcher section of National Highway - 200 and National Highway - 23 in Odisha," an official statement said.
The work would be under the National Highways Development Project (NHDP) Phase-III. The total length of the road will be approximately 133 kms.
"The cost is estimated to be Rs 1,476.56 crore including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities," it said.
Implementation of this project would help in reducing the time and cost of traffic, particularly heavy traffic, plying on the Chandikhole-Dubari-Talcher sector.
This is a key road as it opens traffic from the industrial town Talcher and Angul in the state of Odisha on NH-3 and Kolkata-Chennai section of the Golden Quadrilateral, it said.
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