Nod to ₹8.3K cr Bhubaneswar Bypass

The Union Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Tuesday approved two mega infrastructure projects, including one for Odisha and another for Rajasthan, with a cumulative estimated cost of over ₹9,500 crore.

- Mukesh Ranjan @ New Delhi

Briefing media after the meeting of the CCEA, Information & Broadcasting Minister Ashwini Vaishnaw said the construction of a 6-lane access-controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha with an estimated cost of ₹8,307.74 crore has been approved.

The nod has also been given to the construction of green-field Kota-Bundi airport in Rajasthan with a total estimated capital investment of ₹1,507 crore, he added.

The Minister said the length of the ring road project for the twin capital city of Bhubaneswar and Cuttack would be 110.875 km and it would be developed on Hybrid Annuity Mode (HAM).