Project alignment integrates with 3 National Highways
The Cabinet Committee on Economic Affairs (CCEA) has approved construction of 6-Lane Access-Controlled Capital Region Ring Road (Bhubaneswar Bypass – 110.875 km) in Odisha on Hybrid Annuity Mode (HAM) at a total capital cost of Rs.8,307.74 crore https://www.conexpoconagg.com/.
Currently, connectivity between Rameshwar to Tangi on existing National Highway experience significant congestion due to high traffic volumes, passing through highly urbanized cities Khordha, Bhubaneswar and Cuttack. To address these challenges, the project is proposed to be developed as 6-Lane Access-Controlled Greenfield Highway, CCEA said on 19 Aug.
The project will provide significant benefit to Odisha and other eastern States by diverting heavy commercial traffic away from Cuttack, Bhubaneswar and Khordha Cities. This will enhance the efficiency of freight movement, reduce logistics cost and drive socio-economic growth in the region https://www.globaltenders.com/.
The project alignment integrates with 3 major National Highways (NH-55, NH-57 and NH-655) and 1 State Highway (SH-65), providing seamless connectivity to key economic, social, and logistics nodes across Odisha https://ted.europa.eu/en/.
Additionally, the upgraded corridor will enhance multi-modal integration by connecting with 10 Economic Nodes, 4 Social Nodes and 5 Logistic Nodes, providing enhanced multimodality with 1 Major Railway Station, 1 Airport, 1 proposed Multi-Modal Logistics Park (MMLP), and 2 major Ports thereby facilitating faster movement of goods and passengers across the region https://www.bseindia.com/.
Upon completion, the bypass will play a pivotal role in regional economic growth, strengthening connectivity between major religious and economic centres and opening new avenues for trade and industrial development https://www.nseindia.com/.
The project will also generate approximately 74.43 Lakhs person-days of direct and 93.04 lakh person-days of indirect employment, and will open new avenues of growth, development and prosperity in surrounding regions. Fiinews.com