Published On:May 30 2015
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NCR expressway project to get nod soon.
Aiming to reduce traffic congestion in the national capital region due to heavy vehicles, the Union Cabinet is likely to approve next week the much-delayed eastern peripheral expressway (EPE) project, to be implemented at a cost of Rs 5,800 crore. The 135-km stretch will connect Kundli and Palwal bypassing Delhi.
A highly-placed road ministry official said that the Cabinet note for the project, which as per a Supreme Court directive needs to be completed by July 2018, has already been floated and once the nod of the Cabinet committee on Economic Affairs (CCEA) is received, request for proposal (RFP) would be invited to build the project. The project has to be built within 30 months from its award.
The official said that out of the 1,631.42 hectares required for the project, 1,568 acres, amounting to 96% of the requirement, has been acquired. It would likely be built on the EPC model where the Centre would pay the entire amount.
THE FINANCIAL EXPRESS