The cabinet committee on economic affairs (CCEA) has given its approval for 6/8 laning of the port road of the Jawaharlal Nehru Port Trust (JNPT) in Maharashtra, at a cost of Rs1,943.37 crore, on a `build, operate and transfer' (BOT-annuity) basis.
The project, including design, construction and funding, will be undertaken by the Mumbai JNPT Port Road Company (MJPRCL), a CCEA release said.
The estimated cost of Rs1,943.37 crore includes the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities, the release said.
The total length of the road will be approximately 43.912 km, of which 20.95 km will be of 6-lane and 22.962 km will be of 8-lane.
The project will help improve infrastructure in Maharashtra while also reducing the time and cost of traffic, particularly heavy traffic, moving goods to and from JNPT.
The project corridor highway consists of NH-4B and NH-348. This network connects JNPT and the proposed Navi Mumbai International Airport. Development of this stretch will also help increase employment potential for local labourers for project activities.
The CCEA also approved four-laning of the Solapur-Yedeshi section of NH 211 in the state under NHDP - Phase IV, also on `build, operate and transfer (BOT-Annuity) basis.
The project cost is estimated to be Rs1,057.82 crore, including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 99 km.