The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for the development of the four laning of the Guna-Biaora and Biaora-Dewas section of National Highway Three in Madhya Pradesh at a cost of Rs. 2815.69 crore.
This work will be under the National Highways Development Project (NHDP) Phase-IV. The approval is in Design, Build, Finance, Operate and Transfer (DBFOT) basis in BOT (Toll) mode.
The cost is estimated to be Rs.1081.9 crore for Guna-Biaora, including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 93.5 kilometers.
The total cost for Biaora-Dewa section will be approximately 1733.79 crore, including cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 141.26 kilometers.
The main object of the project is to expedite the improvement of infrastructure in Madhya Pradesh and also in reducing the time and cost of travel for traffic, particularly heavy traffic, plying between Guna-Biaora-Dewas, which are major cities of Madhya Pradesh.
The development of this stretch will also help in uplifting the socio-economic condition of the concerned regions of the state and would also increase employment potential for local labourers for project activities.
The project is covered in the region of Guna-Biaora-Dewas.