More economic corridors being planned
Finance Minister Nirmala Sitharaman has listed out major projects that will be covered in the Rs.118,101 crore for Ministry of Road Transport and Highways under budget 2021-22 which was presented in parliament on 1 Feb 2021, saying Rs.108,230 crore is for capital, the highest ever.
More economic corridors are also being planned to further augment the road infrastructure, said the Minister.
Sitharaman listed:
3,500 km of National Highway works in Tamil Nadu at an investment of Rs.1.03 lakh crore. These include Madurai-Kollam corridor, Chittoor-Thatchur corridor. Construction will start next year.
1,100 km of National Highway works in Kerala at an investment of Rs.65,000 crore including 600 km section of Mumbai-Kanyakumari corridor in Kerala.
675 km of highway works in West Bengal at a cost of Rs.25,000 crore including upgradation of existing Kolkata–Siliguri road.
National Highway works of around Rs.19,000 crore are currently in progress in Assam. Further works of more than Rs.34,000 crore covering more than 1,300 kms of National Highways will be undertaken in the State in the coming three years.
Some flagship corridors and other important projects that would see considerable activity in 2021-22 are:
Delhi-Mumbai Expressway: Remaining 260-km will be awarded before 31 March 2021;
Bengaluru–Chennai Expressway: 278-km will be initiated in the current financial year. Construction will begin in 2021-22;
Delhi-Dehradun economic corridor: 210-km corridor will be initiated in the current financial year. Construction will begin in 2021-22;
Kanpur-Lucknow Expressway: 63-km expressway providing an alternate route to NH 27 will be initiated in 2021-22;
Chennai–Salem corridor: 277-km expressway will be awarded and construction would start in 2021-22;
Raipur-Vishakhapatnam: 464-km passing through Chhattisgarh, Odisha and North Andhra Pradesh will be awarded in the current year. Construction will start in 2021-22;
Amritsar-Jamnagar: Construction will commence in 2021-22;
Delhi–Katra: Construction will commence in 2021-22.
Sitharaman informed parliament that more than 13,000-km length of roads, at a cost of Rs.3.3 lakh crore, has already been awarded under the Rs.5.35 lakh crore Bharatmala Pariyojana project of which 3,800-km have been constructed. By March 2022, another 8,500-km would be awarded and an additional 11,000-km of national highway corridor would be completed. #projects #tenders #infrastructure #financing #funds #investment /fiinews.com
