BHUBANESWAR: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Saturday gave its approval for development of Chandikhole-Dubari-Talcher section of National Highway (NH) 200 and 23.
This work will be taken up under the National Highways Development Project (NHDP) Phase-III. The approval is in engineering, procurement and construction (EPC) mode.
The cost is estimated to be Rs 1476.56 crore including that of land acquisition, resettlement and rehabilitation and other pre-construction activities.
The total length of the road will be approximately 133 km.
Though the projects were approved in 2005, it was getting delayed for some reason or other.
Implementation of this project will help in reducing the time and cost of travel for traffic, particularly heavy traffic, plying on Chandikhole-Dubari-Talcher sector.
The highway is an important road as it opens traffic from the industrial towns of Talcher and Angul near NH-42 to NH-5 of Kolkata-Chennai section of the Golden Quadrilateral.
The road in the mines and industrial belt of Odisha will help development of industry and economy of the State and bring prosperity.
The State will get its due in all sectors from the Central Government, said Minister of State for Petroleum and Natural Gas Minister Dharmendra Pradhan after the meeting.