Maharashtra plans Rs.7000 cr road upgrade

    Maharashtra road upgrade
    In an initiative to move ahead to remove backlog and improve road infrastructure in Vidarbha, Maharashtra Government has decided to upgrade almost 3,000 km roads by spending a whopping Rs 7,000 crore in Vidarbha in next two years. Public Works Department (PWD) is adopting a Hybrid Annuity Model for the first time on the lines of Road Transport Department of Government of India. Maharashtra Government has decided to implement this system to improve total 10,000 kms road network in the state, this includes 3,000 kms roads in Vidarbha. The total cost of the project is Rs.30,000 crore for entire state. The government will pay the cost of roads by deferred payment method to the contractors in next 15 years. The total cost of the project in Nagpur division is Rs 4,323 crore as the department has proposed strengthening, widening of current road network in these areas.
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