Business
CCEA okays Rs 2,487cr highway project for Tripura
New Delhi, Dec 27
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to Harina on NH-208 in Tripura, an official said on Wednesday.
The project involves a loan component of Rs 1,511.70 crore from Japan International Cooperation Agency (JICA) under Official Development Assistance (ODA) scheme.
The project is envisaged to facilitate better road connectivity between various parts of Tripura and to provide alternative access to Assam and Meghalaya from Tripura apart from existing NH-8.
The project stretch also passes very close to Bangladesh border and it would improve connectivity to Bangladesh through Kailashahar, Kamalpur and Khowai Border Check Post.
The land border trade would also potentially grow with the improvement in road network in the region through development of the project road.
The selected stretch will provide improved connectivity to agricultural belt, tourist places, religious places and tribal districts of the state, which are backward in terms of growth and income.
After completion of the project, the connectivity will be improved which help to generate more revenue to the State as well as income for local public.
The construction period for the project stretches will be 2 years which includes the maintenance of these National Highways stretches for 5 years (in the case of flexible pavement)/ 10 years (in the case of rigid pavement) after the completion of construction, the statement added.
#
44 minutes ago
G20 Johannesburg summit calls for improving global governance
45 minutes ago
EAM Jaishankar speaks to Ukrainian FM, discusses latest conflict-related developments
46 minutes ago
PM Modi holds significant discussions with world leaders during Jo'burg G20 Summit
47 minutes ago
US says Russia-Ukraine peace draft made with Moscow's 'input'
48 minutes ago
Ukraine, US to hold consultations on peace plan in Switzerland
49 minutes ago
Houthi court sentences 18 Yemeni UN aid workers to death for 'spying for Israel'
51 minutes ago
Justice Surya Kant to take oath as 53rd CJI tomorrow
52 minutes ago
Tejas pilot’s body brought to Coimbatore; IAF personnel pay tearful tribute
53 minutes ago
The Third Eye: Strategic significance of transparency
55 minutes ago
Gujarat CM changes his programme venue for citizen's wedding in Jamnagar
55 minutes ago
'He is daydreaming': DKS dismisses Kumaraswamy's claim of 'explosive political developments' in K'taka
56 minutes ago
TN govt brings Cuddalore’s Srimushnam taluk under Cauvery Delta region; over 18,000 farmers to benefit
58 minutes ago
Bilateral trade to grow, investment to surge with proposed Israel FTA: Piyush Goyal
