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Maharashtra plans Rs.109 bn outlay on roads
By our business correspondent.
Interstate road connectivity in Maharashtra has improved considerably following the state's initiative in inviting private sector's participation in road development programme. As of date the state has taken up 190 projects, including the prestigious Mumbai-Pune expressway, with an estimated cost of Rs.6573 crore..
Of these 82 projects entailing an outlay of Rs.3394 crore have been completed. The upgradation of Mumbai-Aurangabad-Nagpur to the standard of the National Highway is in progress. The total project cost of this 700 kms stretch of roadway is estimated at Rs.700 crore
In addition to these 108 projects envisaging an investment of Rs.10935 crore are at different stages of planning. MSRDC also plans to take up integrated road development projects for Nagpur, Pune, Aurangabad and Amravati amounting to Rs.900 crore.
Giving details about the progress, the finance minister Mr Jaywant Patil, pointed out that 9653 kms of road length has been black topped and more than 95 per cent of the villages in hilly and tribal areas have been connected by all weather roads. A sum of Rs. 145 crore has been earmarked for black topping and building bridges in rural areas.
(26/3/02)
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