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Cabinet Approves Rs 13,041 Crore Railway, Highway Projects

Cabinet Approves Rs 13,041 Crore Railway, Highway Projects
Rs 13,000 Cr Infra Projects Get Cabinet Approval · m.rediff.com

India’s government approved five large projects to improve trains and roads.

Together, they will cost about Rs 13,041 crore.

Four projects will add more railway tracks in West Bengal, Odisha, Andhra Pradesh and Tamil Nadu.

Another project will widen part of a highway in Bihar to four lanes.

More tracks will help trains carry coal, steel, cement and other goods.

The railway work is expected to allow 76 million extra tonnes of freight each year.

The projects will also connect many villages, tourist places and industrial areas.

The Bihar highway project is expected to make travel easier toward the India-Nepal border.

Key facts

Total approved cost
Rs 13,041 crore
Number of projects
Five: four railway projects and one highway project
Railway expansion
About 410 km of additional multi-tracking
Estimated railway cost
Around Rs 9,450 crore
Expected freight capacity
76 million tonnes per annum
Highway project
82-km Muzaffarpur-Sitamarhi-Sonbarsa section of NH-22, upgraded to four lanes
Highway funding model
Hybrid Annuity Mode, with 40% of the project cost paid upfront to the developer and the remainder paid through annuities with interest

Sources

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