Cabinet approves the construction of new coastal Highway from Rameshwar to Paradeep (Part of Coastal Highway having total length of 163.180 Km in 2 Packages) on Hybrid Annuity Mode in Odisha
New Delhi, June 4 -- The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, today has approved the construction of new coastal Highway from Rameshwar to Paradeep on Hybrid Annuity Model (HAM) in Odisha under two packages with a combined total length of 160.18 km and combined total capital cost of Rs.8300.79 crore.
The project section of new coastal Highway from Rameshwar to Paradeep passes through Khurda, Puri, Kendrapada and Jagatsinghpur Districts of Odisha, existing road network of NH-16 is part of the Golden Quadrilateral and is already a 6-lane highway passing through major towns Khordha, Bhubaneswar, and Cuttack. The existing NH-316 connects Bhubaneswar-Puri and further extends towards Satapada and ...
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