Hurry Up.!!! Click here to Sell or Rent Equipment/ Material for Free.
Top 10 Infrastructure Companies of India |Infra Bazaar

Central Government agrees to fund Rs 29,000 crore expressway in Andhra Pradesh


AP is set to get a huge infrastructure support from the Centre in the form of the Amaravati-Anantapur Express Highway .The Centre has agreed to finance the entire construction cost of 600 KM Road which will not have any curves or turns, pegged at `29,000 crore. The Centre is finalizing the modalities of funding the proposal. Mr Nitin Gadkari has made this announcement at the India Transport Logistics Summit 2017.

This will be a huge impetus to the expansion of the state road network and connectivity with the upcoming capital. The toll and other taxes will go to the Centre's kitty, while state will be equipped with a good road network. The state government has to facilitate acquisition of 8,562.84 hectares of land in Anantapur, Kurnool, Kadapa, Prakasam and Guntur districts. The express highway will cover 45 mandals and 186 villages. The highway will have four lanes to the extent of 394 km and six-lanes in 208 km.

There will be two feeder highways connecting Kurnool and Kadapa. The project will take 30 months to be completed. Presently, there is no proper connectivity between the Rayalaseema districts and Amaravati. Once this expressway takes shape, the distance can be covered with in 5 to 6 hours from those districts as against the current 12 to 14 hours by train. The expressway will be designed for a speed of 120 KMPH with straight alignments. Tunnels and viaducts will be constructed to negotiate hilly terrains and valley sections. The project mostly fits into NHDP and the Centre is also finalizing the mode of financing the project by means of Build Operate Transfer, Hybrid Annuity or EPC method.

For Immediate Sale