New Delhi: The government on Thursday approved Rs 899.24 crore investment proposal for building a section of National Highway 758 in Rajasthan.
It also cleared a project worth over Rs 600 crore for two-laning of Salasar-Haryana Border section of NH 65.
The Cabinet Committee on Infrastructure has approved the investment proposal for implementing the project for the development of 4-laning of Rajasamand-Bhilwara section of the National Highway 758 in Rajasthan, an official statement said.
The total project cost estimated of the project for implementing under Design, Build, Finance, Operate and Transfer (DBFOT) pattern will be Rs 899.24 crore out of which Rs 221.45 crore will be for land acquisition, rehabilitation, resettlement and pre-construction cost.
The total length of the project will be 87.250 km and is covered in the districts of Rajasamand and Bhilwara in Rajasthan, the statement said.
The main object of the project is to expedite the improvement of infrastructure in Rajasthan and reduce the time and cost of travel for traffic, particularly heavy traffic, plying between Rajasamand and Bhilwara.
The Cabinet in its meeting held in July 2008 had approved the proposal for up-gradation of 5,000 km. It was proposed that keeping in view of traffic justification, additional 2,000 km may be undertaken as four-laned stretches.
CCI note for a unified NHDP Phase -IV, for 20,000 km, subsuming within it the 5000 km already approved under NHDP Phase -IV-A was approved by the CCI on February, 2012.
Rajasamand - Bhilwara is one of the projects approved for 4-laning, included under NHDP Phase-IV and within the ceiling of 4000 km for 4-laning. The same is also the part of annual work programme for the year 2012-13 of this Ministry.
The Cabinet also cleared 2-laning with paved side shoulders of Salasar-Haryana Border section of NH 65 from start to km-154.141 km in Rajasthan under NHDP-IV to be executed on BOT (Toll) mode on DBFOT basis.
The total project cost estimated for implementation under DBFOT pattern will be Rs 601.19 crore out of which Rs 71.12 crore will be towards land acquisition, rehabilitation, resettlement and pre-construction cost.
The project aims at reducing the time and cost of traffic plying between Salasar and Haryana border.