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Super E-way to cost Rs 16,000 crore more?
Indicating that the total cost for 710-km-long Mumbai Nagpur Super Expressway has increased by almost Rs 16,000 crore, Maharashtra State Road Development Corporation (MSRDC), the implementing agency for the project, claimed that the total cost of the Expressway connecting Mumbai and Nagpur would be `46,000 crore. The estimated cost of the project was Rs 30,000 crore when chief minister Devendra Fadnavis announced the project in the State Assembly during the Monsoon Session in August 2015.
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Radheshyam Mopalwar, managing director, MSRDC, said, “Civil construction cost would be around Rs 24,000 crore followed by Rs 12,000 crore approximately for land pooling and acquisition of around 10,000 hectares of land. Another Rs 500 crore would be used for shifting of utilities and the rest on management of site while construction.”
“Rs 30,000 crore was never the cost of the Expressway and the total cost at the moment is Rs 46,000 crore,” asserted Mr Mopalwar.
Meanwhile, it is said that the MSRDC officials and the State Bank of India (SBI) and IDBI Bank officials are in talks with each other for funding for the construction of Expressway. “The state government has agreed to fund Rs 2,400 crore for the construction of 24 townships on the proposed Expressway,” said Kiran Kurundkar, joint managing director, MSRDC.
The MSRDC plans to construct 24 townships with facilities like Wi-Fi, IT, education and logistics hubs along with solar panels and runway for emergency landing of planes belonging to the Indian Air Force (IAF) along the Expressway.
Currently, the corporation is in the process of preparing the detailed project report (DPR) for the project.
The deadline for the E-way is 2019. It is expected to reduce the travel time between Mumbai and Nagpur to 10 hours from the current 15-17 hours.
The E-way will pass through 350 villages from 27 talukas where non-cultivable landowners will get developed plot of 25 per cent of the area given up by them. For those having irrigated or cultivable land, it will be 30 per cent of the land given up. Irving Fryar Womens Jersey
