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PMO plans Jaipur Expressway nod by February

<p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Barely months ahead of the general election, has the Prime Minister&rsquo;s Office (PMO) set the ambitious target of clearing Delhi-Jaipur Expressway by February end. On Tuesday, it said the road transport and highways ministry has been asked to bring a cabinet note seeking in-principle approval for the Delhi-Jaipur Expressway.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">An official release said the 272 Km expressway to be built on new alignment would be awarded by this September &quot;after completing all the intermediate steps.&quot;&nbsp;</span></span></span><span style="color:rgb(105, 105, 105); font-family:arial; font-size:11px; line-height:1.6em">The statement said, &quot;The ministry has examined multiple financing options for the expressway and will proceed with the most viable one. If successful, the model can be replicated for other expressways in the country, which are by and large parallel to existing national highways.&quot;</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">According to the PMO, the Delhi-Jaipur Expressway has been taken up as a priority project by the government. The road transport and highways ministry has estimated the total investment in the project would be approximately INR 11,750 crore.&nbsp;</span></span></span><span style="color:rgb(105, 105, 105); font-family:arial; font-size:11px; line-height:1.6em">However, the early announcement of the project has surprised many within the government. Highway ministry officials said that they are now going to submit the financing plan for the project, which is crucial considering the huge investment needed for building the road.</span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">&quot;The bidding process can start only when we have worked out all details. Secondly, you have to have land to push the project. Non-availability of even a few hectares will impact the entire road project since it will be a brand new road,&quot; a government official said.</span></span></span></p> <p style="text-align:justify"><span style="color:#696969"><span style="font-size:11px"><span style="font-family:arial">Source-On Request</span></span></span></p>