The Minister said a Special Purpose Vehicle (SPV) will be formed to implement this project. Shri Gadkari said the introduction of e-tolling will reduce waiting time at toll plazas and save cost and fuel.
The Minister also said that his Ministry is now focusing on Hybrid Annuity and Engineering, Procurement, Construction (EPC) models for development of road projects. �Road projects worth Rs 380,000 crore that were stalled have been revived and Rs 100,000 crore contract order has been issued in the North East region Shri Gadkari added.
The Minister said that Indias national road highway length has been raised to 152,000 km from 96,000 km and is expected to cross the 200,000 km milestone by April-May. In Maharashtra, the road length has been raised to 22,000 km from 7,000km, he said.
Stressing on the advantage of water transport and its cost advantage, Shri Gadkari said the government plans to promote inland water transport in a big way . On Ganga, our Ministry is building three multi modal hubs at Varanasi in Uttar Pradesh, Sahibganj in Jharkhand and Haldia in West Bengal. We plan to create 30 water ports on this stretch and overall 500 water ports across the country,
The government would also invest Rs 80,000 crores on modernisation and mechanisation of major ports, besides building three new major ports Colachal in Tamil Nadu, Sagar in West Bengal, Vadhawan at Dahanu in Maharashtra.
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