Union Cabinet clears Rs 25,446 crore for two elevated highway corridors along Varuna (43 km) and Ganga (46 km) rivers in Varanasi to decongest the city and boost religious tourism. Also approves doubling of 74 km Paradeep-Haridaspur line in Odisha and quadrupling of 71 km Rajkharsawan-Dangoaposi line in Jharkhand to increase freight capacity by 44 mtpa.
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- ›Total Project Cost: Rs 25,446 crore
- ›Varuna Corridor Length: 43 km
- ›Target this Data: Total cost Rs 25,446 crore; Varuna corridor 43 km, Ganga corridor 46 km; 910 m cable-stayed bridge; 1.32 km foot overbridge; travel time reduction from 60 to 20 min; design speed 80-100 kmph.
- ›Target this Nodal Body: Ministry of Road Transport and Highways (for highways) and Ministry of Railways (for railway projects). Cabinet approval is by CCEA.
- ›Target this Legal Point: Hybrid Annuity Mode (HAM) – a PPP model used in highway projects.
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