NH-16 to cost Rs.1,423 crore
The Cabinet Committee on Economic Affairs has approved six laning of Narasannapeta-Ranastalam section of National Highway (NH) – 16 (old NH-5) in Andhra Pradesh.
The estimated cost of Rs.1,423 crore includes costs of land acquisition, resettlement and rehabilitation and other pre-construction activities.
The 54-km project is under National Highways Development Project (NHDP) Phase V on Hybrid Annuity Mode.
The upgraded road will benefit major industrial development centres suich as APIIC SEZ, Pydibhimavaram, Bhogapuram Airport, Vizag Steel Plant, Visakhapatnam Port, Gangavaram Port, Divi’S Laboratories Limited & INS Varsha.
It will have two by-passes, 29 flyovers and 42 bus bays.
At present, the existing road is two-lane and passes through urban habitations of Narasannapeta,Madapam, Singipurma, Pedapadu, Seepannaidupeta, Navabharatnagar, Chilakapalem, Budumuru, Bonthupeta and Laveru. National Highway No-16 (Old NH-5), a part of Golden Quadrilateral, connects Chennai in the State of Tamilnadu and Kolkata in the State of West Bengal, and passes through Cuttack, Bhubaneswar, Visakhapatnam and Vijayawada. fii-news.com
