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Title: CCEA approves road projects worth Rs 2,000 cr in Gujarat and Bihar
Source:Business Standard
Date:27 December 2013

The JICA (Japan International Cooperation Agency) will provide a loan with 100% financing for civil construction and supervision works for the project. The CCEA (Cabinet Committee on Economic Affairs) on December 26 2013 approved two road projects worth Rs 2,000 crore, to be undertaken in Bihar and Gujarat, India. The project in Bihar is expected to cost Rs 1,408 crore, while the project in Gujarat is expected to cost Rs 503 crore. “The CCEA has approved the project for the development of four laning of the (approximately) 93 km-Gaya-Hisua-Rajgir-Nalanda-Bihar Sharif section on the National Highway-82 in Bihar. The total project cost is estimated at Rs 1,409 crore, including Rs 1,216 crore as civil construction and supervision works and Rs 193 crore as the cost of land acquisition, rehabilitation and pre-construction activities. The project will be completed within three years of signing of the contract agreement,” a statement from the roads ministry GOI said.




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