Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
News

Home News News and Press Release Month 1 2013 2013 (1) This

Upgradation of Tanda-Raebareli-Banda section of NH-232 in Uttar Pradesh to 2-lane with paved shoulders

17-1-2013
  • Contents

Press Information Bureau

Government of India

Cabinet Committee on Economic Affairs (CCEA)

17-January-2013 13:46 IST

The Cabinet Committee on Economic Affairs today approved the widening of NH-232 to two-lanes with paved shoulders from Tanda to Banda in the state of Uttar Pradesh at an estimated cost of Rs.1118.79 crore. The project will be executed by the National Highways Authority of India (NHAI) on Engineering Procurement and Construction (EPC) mode. The project will be executed in two packages viz.

(i) Tanda to Raebareli and

(ii) Raebareli to Banda.

The length and cost of Tanda to Raebareli sector will be 155.91 km and Rs.648.15 crore respectively while in the Raebareli-Banda sector it will be 133.285 km and Rs.470.64 crore. The project will be completed within two and half years from the date of start of work.

These projects are to be implemented on the new Model EPC document. The main objective is to ensure implementation of the project to specified standards with a fair degree of certainty relating to cost and time, while transferring the construction risk to private sector agencies. By the use of the model EPC contract document, it is intended that it shall enable the contractual framework for construction of highways in an efficient, economical and competitive environment. It will minimize, if not completely eliminate, the time and cost over-run characteristic of conventional item rate contracts. Further, it is expected to bring acceleration in execution of highway projects with least cost and greater efficiency.

With up-gradation of this highway to 2-lane with paved shoulders by overall improvement of the highway, smooth and safe traffic flow will be ensured between Tanda to Banda and substantial gain in terms of reduced Vehicle Operating Cost (VOC) and reduced travel time would be achieved. In addition, implementation of the project would result development of basic infrastructure in the region which would ultimately lead to the overall economical development.

****

SC/SK

Quick Updates:Latest Updates