New Delhi, Aug 13, 2013: The Centre on Tuesday approved a Rs 588-crore highway project in Karnataka under its flagship road building programme.
The Cabinet Committee on Economic Affairs chaired by Prime Minister Manmohan Singh cleared the four laning of NH-212 from Kollegal to Kerala border.
The project will be developed under build-operate-transfer (toll) mode. The cost of the project is estimated at Rs 588.49 crore, including Rs 65 crore towards land acquisition, resettlement and rehabilitation and other pre-construction activities. The length of the road project will be about 150 km, said a statement from the Ministry of Road Transport and Highways.
The NH-212 connects Kollegal to Kozhikode in Kerala and passes through the towns of Gundlupet, Nanjangud and T Narsipur in Karnataka.
The project would expedite improvement of infrastructure in Karnataka and also reduce the time and cost of travel, particularly heavy traffic, plying between the Kerala border and Kollegal, the statement said.
Development of this stretch will also help to uplift the socio-economic condition of this region of Karnataka, besides increasing employment potential for local labourers, the statement added.
