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Four laning of Rajsamand - Bhilwara section of National Highway NH- 758 in Rajasthan under NHDP Phase IV

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..... Four laning of Rajsamand - Bhilwara section of National Highway NH- 758 in Rajasthan under NHDP Phase IV - News and Press Release Dated:- 11-10-2012 - News - Press Information Bureau Government of India Cabinet Committee on Infrastructure 11-October-2012 12:26 IST The Cabinet Committee on Infrastructure today approved the investment proposal for the implementation of the project .....

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..... for the development of four laning of 'Rajsamand - Bhilwara' section of National Highway NH-758 in Rajasthan under National Highway Development Programme (NHDP) Phase IV on Design, Build, Finance, Operate and Transfer (DBFOT) basis in BOT (Toll) mode of delivery. The total project cost (TPC) estimated of the project for implementing under DBFOT pattern will be Rs.899.24 crore out of which Rs.221.4 .....

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..... 5 crore will be for the land acquisition, rehabilitation, resettlement and pre-construction cost. The total length of the project will be 87.250 kms is covered in the Districts of Rajsamand and Bhilwara in Rajasthan. The main object of the project is to expedite the improvement of infrastructure in the state of Rajasthan, and also in reducing the time and cost of travel for traffic, particular .....

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..... ly heavy traffic, plying between Rajsamand and Bhilwara. National Highway NH - 758 is an important corridor which links major cities of Rajasthan. It will also increase employment potential for the local labourers for project activities. Background: The Cabinet, in its meeting held in July 2008 approved the proposal for up-gradation of 5,000 km under NHDP Phase IV-A. The Empowered Group of .....

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..... Ministers (EGoM) constituted to finalize the Financing Plan for the entire NHDP, while deliberating on the Note for the up-gradation / strengthening of projects under NHDP Phase IV, in the 4th meeting of EGoM, held in March, 2010, decided that keeping in view of traffic justification, about 2,000 kms may be undertaken as four-laned stretches, out of total 20,000 kms under NHDP Phase-IV. Further, i .....

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..... n the 5th meeting of EGoM, held in May, 2010, the EGoM also approved the provision of Rs.4,000 crores during the 11th plan period for the Viability Gap Funding (VGF) for such stretches. Keeping in view of traffic justification, additional 2,000 kms will be undertaken as four-laned stretches, in addition to the already approved by EGoM for 2000 km of four-laning under NHDP Phase-IV, permitting ma .....

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..... ximum of 4000 kms for four-laning. The CCI approved in February, 2012 a unified NHDP Phase - IV, for a length of 20,000 Km, subsuming within it the 5000 km already approved under NHDP Phase -1V-A. The Rajsamand Bhilwara project is one of the projects approved for 4-laning, included under NHDP Phase - IV, and within the ceiling of 4000 kms for four-laning. **** SC/RK - News - Press r .....

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..... elease - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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