Four laning of Nagina-Kashipur section of National Highway – 74 in Uttarakhand and Uttar Pradesh
No: ----- Dated: Dec, 02 2014
Four laning of Nagina-Kashipur section of National Highway – 74 in Uttarakhand and Uttar Pradesh
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for development of the four laning of the Nagina-Kashipur section of National Highway – 74 in Uttarakhand and Uttar Pradesh. This work will be under the National Highways Development Project (NHDP) Phase-IV. The approval is in Build-Operate-Transfer (BOT) (Toll) mode on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis.
The cost is estimated to be Rs. 1471.40 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 kms.
The project will expedite improvement of infrastructure in Uttarakhand and Uttar Pradesh. The development of this stretch will also help in uplifting the socio-economic condition of the concerned regions of the States and would also increase employment potential for local labourers for project activities. Implementation of this project will help in reducing the time and cost of travel for traffic, particularly heavy traffic, plying on the Nagina-Kashipur sector. The project is covered in the regions of Nagina and Kashipur in Uttarakhand and Uttar Pradesh respectively.