: Gadkari inaugurates, lays foundation stones of Rs 15,592-cr projects in AP #FinanceIndia #StockMarketNEWS #Business PTI New Delhi Union Minister Nitin Gadkari on Friday inaugurated and laid

@StockMarketNEWS Wed 21 Oct, 2020

Posted in: #Business #FinanceIndia #StockMarketNEWS

Gadkari inaugurates, lays foundation stones of Rs 15,592-cr projects in AP #FinanceIndia #StockMarketNEWS #Business
PTI

New Delhi

Union Minister Nitin Gadkari on Friday inaugurated and laid the foundation stones of highways projects worth Rs 15,592 in Andhra Pradesh, an official statement said.

These include 16 highway projects stretching over 1,411 km.

“Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari inaugurated and laid the foundation stones of 16 national highway projects with a total length of 1,411 km worth Rs 15,592 crore in Andhra Pradesh,??? the road transport and highways ministry said in a statement.

Addressing an event through video-conferencing on the ocassion, Gadkari said the length of national highways in Andhra Pradesh before May 2014 was 4,193 km, which has now increased to 6,860 km, registering an increase of 2,667 km, or 64 per cent, in length in six years.

He said works costing Rs 34,100 crore are under the detailed project report (DPR) stage and may be completed by 2024, while works costing Rs 25,440 crore are under implementation.

The minister said 50-60 per cent progress has been achieved in projects costing Rs 18,100 crore.

Gadkari said 5,000 km of national highways are being developed as a part of the Bharatmala Pariyojana in the state. In addition, 400 km of port connectivity roads will also be developed under the programme.

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