"Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given approval for development of six laning of Eastern peripheral expressway (National Highway No. NE-II) in Haryana and Uttar Pradesh," an official statement said.
The cost is estimated at Rs 7,558 crore, which includes Rs 1,795.20 crore for land acquisition, resettlement and rehabilitation and other pre-construction activities.
The total length of the road will be around 135 kms and this work will be under the Engineering, Procurement and Construction (EPC) basis, it said.
"The road is a peripheral road around Delhi, so that the traffic that is not destined for Delhi, does not pass through this city. This avoids congestion and pollution ," the statement said.
The development of the expressway will help in uplifting the socio-economic condition of the concerned regions of the States and would also increase employment potential for local labourers for project activities, it added.
"Development of 6-lane Eastern Peripheral Expressway (National Highway No. NE-II) from Km 0 to Km 135 (starting from 36.083 Km on National Highway NH-1 and ending at 64.330 Km on National Highway NH-2) will be in Haryana and Uttar Pradesh on EPC Mode of delivery," it said.