The Cabinet Committee on Economic Affairs (CCEA) Tuesday approved two four-laning of National Highway projects, one each in Uttar Pradesh and Uttarakhand, an official statement said.
The CCEA has has given its approval for development of the four-laning of the Nagina-Kashipur section of National Highway 74 in Uttarakhand and Uttar Pradesh. This work will be under the National Highways Development Project (NHDP) Phase-IV, the statement said.
The cost is estimated to be Rs.1,471.40 crore including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 99 km.
The approval is in Build-Operate-Transfer (BOT) (Toll) mode on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis.
The project will expedite improvement of infrastructure in Uttarakhand and Uttar Pradesh.
The CCEA has also given its approval for development of the four-laning of the Lucknow-Sultanpur section of National Highway 56 in Uttar Pradesh.
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The cost is estimated to be Rs.1,325.09 crore including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities.
The total length of the road will be approximately 126 kms.
Implementation of this project will help in reducing the time and cost of travel for traffic, particularly heavy traffic, plying on the Lucknow-Sultanpur sector, the statement said.