{"id":325,"date":"2017-04-29T06:22:04","date_gmt":"2017-04-29T06:22:04","guid":{"rendered":"http:\/\/pcb.net.in\/blog\/?p=325"},"modified":"2017-04-29T06:25:09","modified_gmt":"2017-04-29T06:25:09","slug":"eastern-peripheral-expressway-to-be-opened-for-traffic-by-year-end-gadkari","status":"publish","type":"post","link":"http:\/\/pcb.net.in\/blog\/2017\/04\/29\/eastern-peripheral-expressway-to-be-opened-for-traffic-by-year-end-gadkari\/","title":{"rendered":"Eastern Peripheral Expressway to be opened for traffic by year-end: Gadkari"},"content":{"rendered":"
NEW DELHI, APRIL 28:\u00a0\u00a0<\/span><\/div>\n

As the cost of land acquisition rises, there is need to lower the cost of road construction, Road Transport and Highways Minister Nitin Gadkari said on his visit to Mohana, which lies at one end of the Eastern Peripheral Expressway \u2013 a six-lane national highway aimed at getting heavy vehicle traffic out of Delhi.<\/p>\n

\u201cThis is the first project where the cost of land acquisition has crossed the project construction cost,\u201d Gadkari said at a conference on a stretch being constructed by Hyderabad-based Gayatri Projects, adding that one option was land pooling, which his ministry would consider, as had been done in Surat and Amaravati. \u201cOverall, an average 60 per cent of work has been done. We have spent \u20b95,900 crore on acquiring land, while \u20b94,418 crore has been spent on construction,\u201d he said.<\/p>\n

The Eastern Peripheral Expressway will also be connected with the Yamuna Expressway and Aligarh-Palwal Expressway. \u201cWe have agreed to connect Yamuna Expressway to this access-controlled expressway, and also Aligarh-Palwal. We have asked the Uttar Pradesh government to help us acquire land,\u201d the Minister said.<\/p>\n

Gadkari said this could become one of the fastest projects to be built, which is expected to be completed by the year-end although he would like the project to be completed by August 15.<\/p>\n

\u201cWith the GST coming from July 1, we are trying to shift the warehouses from within Delhi to stretches along the highways,\u201d he added.<\/p>\n

Concrete pavers<\/b><\/p>\n

Gadkari said six high-quality concrete pavers were being used by contractors in the expressway.<\/p>\n

On the funding aspect, he said the National Highways Authority of India (NHAI) was trying to raise bonds abroad and there was \u201ca huge response\u201d in a recent roadshow.\u201cWe can raise more funds, but there are RBI restrictions on not raising over \u20b95,000 crore at one time,\u201d he said.<\/p>\n

The Minister said they would not want to raise funds at costs beyond 5.5 to 6 per cent. \u201cWe have enough funds from LIC. I have been asking NHAI to spend as much in acquiring land.\u201d<\/p>\n

Responding to questions regarding farmer concerns, he said there would be service lanes, and many underpasses were being built where farmers have land on both sides.<\/p>\n

Regarding compensation, Gadkari said that the compensation that farmers are getting is higher than the market rates. \u201cSome people are demanding compensation under the new Act and we are trying to accommodate as much is possible,\u201d he added.<\/p>\n

(This article was published on April 28, 2017)<\/div>\n
<\/div>\n
http:\/\/www.thehindubusinessline.com\/news\/national\/eastern-peripheral-expressway-to-be-opened-for-traffic-by-yearend-gadkari\/article9672307.ece<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW DELHI, APRIL 28:\u00a0\u00a0 As the cost of land acquisition rises, there is need to lower the cost of road construction, Road Transport and Highways Minister Nitin Gadkari said on his visit to Mohana, which lies at one end of the Eastern Peripheral Expressway \u2013 a six-lane national highway aimed at getting heavy vehicle traffic […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[9],"class_list":["post-325","post","type-post","status-publish","format-standard","hentry","category-updates-solitaire","tag-solitaire-updates"],"_links":{"self":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts\/325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/comments?post=325"}],"version-history":[{"count":2,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts\/325\/revisions"}],"predecessor-version":[{"id":327,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts\/325\/revisions\/327"}],"wp:attachment":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/media?parent=325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/categories?post=325"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/tags?post=325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}