New Delhi: The Cabinet Committee on InfrastructureÂ today approvedÂ the implementation of project of four laning of Parwanoo-Solan Section of NH 22 in the State of Himachal under NHDP Phase III on Design, Build, Finance and Operate (DBFO) basis.
The main object of the project is to expedite the improvement of infrastructure in the State.Â The project is one of the stretches approved by the Government under NHDP Phase III.Â The project road runs between Parwanoo and Solan, which will facilitate in reducing the time and cost of travel for traffic running between these two Hill towns and give a boost to the tourism industry.
The Cabinet Committee on Infrastructure gave its approval for four/six laning of 4000 km of National Highways under NHDP Phase IIA on BOTÂ basis inÂ its meeting held on 05.03.2005.Â Subsequently Govt. approved additional stretches on 18.05.2006, 27.10.2006 and 12.04.2007, for implementation of four laning.Â Total tentative length of 12109 kmÂ will be done at an estimated cost of Rs.80626 crore.Â Accordingly, four laning of 89 stretches having an actual length of 12230 km have been identified.
The stretch under consideration is one of the approved stretches.
The major impact of this sub-project shall be onÂ improving the road Highways infrastructure leading to reduction in the time and cost of travel and thereby giving a boost to tourism industry in the hill StateÂ of Himachal Pradesh.Â It will also increase the potential of employment to local labourers for the project activities.
The total project cost is estimated to Rs.549.00 crore under DBFO pattern.Â The concessionaire will make all expenditure to complete the project and wil recover the same by user fee for 20 years includingÂ a construction period of 30 months.