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This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.
The Indian Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for four roads PPP projects.
The four projects will be under the National Highways Development Project (NHDP) Phase-V. The road projects will be developed in build, operate, transfer (BOT) (Toll) mode on design, build, finance, operate and transfer (BOT/DBFOT) basis.
The four Projects are the following:
The main object of the projects is to expedite the improvement of infrastructure in the state of Uttar Pradesh, Odisha and Chhattisgarh, and also to reduce the time and cost of travel for traffic, particularly heavy traffic. They will help uplift the socio-economic condition of of the states. The projects will also increase the employment potential to the local labourers for the project activities.
This month we have reported about several PPP projects in India: