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Cabinet approves of 4/6 laning of Kharar-Ludhiana Section of NH-95 (New NH-05) in Punjab

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Capital Market
Last Updated : Jun 16 2016 | 9:28 AM IST
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the development of 4/6 laning of Kharar-Ludhiana Section of NH-95 (New NH-05) in Punjab.

The cost is estimated to be Rs.2069.70 crore including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road to be developed is approximately 76 kms.

This work will be done under the National Highways Development Project (NHDP) Phase-V in Hybrid Annuity Mode.

The project will help in expediting the improvement of infrastructure in Punjab and in reducing the time and cost of travel for traffic, particularly heavy traffic, plying between Kharar and Ludhiana section. The development of this stretch will also help in uplifting the socio-economic condition of this region in the State. It would also increase employment potential for local labourers for project activities.

It has been estimated that a total number of 4,076 mandays are required for construction of one kilometre of highway. As such, employment potential of 3,09,833 (approx.) mandays will be generated locally during the construction period of this stretch.

The Sub-project (Kharar-Ludhiana) is part of the project of Chandigarh-Ludhiana. The project was divided in two sections i.e. Chandigarh-Kharar and Kharar-Ludhiana. The Chandigarh-Kharar section has already been awarded for four laning on Engineering, Procurement and Construction mode.

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First Published: Jun 16 2016 | 9:03 AM IST

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