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Cabinet approves Rs 1,423-cr highway project in AP: Reports 13/09/2017 14:02

The Indian Government has said that the Cabinet has approved Rs 1,423-crore highway project in Andhra Pradesh, part of the high density Kolkata-Chennai traffic corridor.

Commenting on the issue, a Government Official told the media, "The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for development of six-laning of Narasannapeta-Ranastalam section of National Highway (NH)-16 (old NH-5) in Andhra Pradesh."

“The cost of the 54-km project, to be executed under the National Highways Development Project (NHDP) phase V, has been estimated at Rs 1,423 crore, including cost of land acquisition, resettlement and rehabilitation, besides other pre-construction activities,” he added.

"The major industrial development centres that will be benefited with better connectivity from the project corridor are APIIC SEZ, Pydibhimavaram, Bhogapuram Airport, Vizag Steel Plant, Visakhapatnam Port, Gangavaram Port, Divi's Laboratories Limited and INS Varsha," he further said.

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