New Delhi, Aug. 19 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Tuesday approved the construction of a 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 8307.74 crore.

Currently, connectivity between Rameshwar and Tangi on the existing National Highway experience significant congestion due to high traffic volumes, passing through highly urbanised cities Khordha, Bhubaneswar and Cuttack. To address these challenges, the project is proposed to be developed as a 6-Lane Access-Controlled Greenfield Highway.

According to an official release, the project will provide significant benefit to Odisha ...