Nagpur : “Maharashtra State Road Development Corporation Limited (MSRDC) has completed acquisition of 92 per cent of the total land required for the ambitious Samruddhi Mahamarg project,” said Chandrashekhar Joshi, Secretary (Road), PWD during a press conference.
Joshi is in the city to attend the 79th Annual Conference of IRC in Nagpur. “For the project, a total of 10,000 hectares of land in 10 districts has been acquired in last eight months with the efforts of all district collectors,” he added. The project is divided in 16 parts through Engineering, Procurement and Construction agreement (EPC) and the Letter of Authorisation (LOA) also issued to all 16 contractors, Joshi informed the media.
“The department is working to resolve the land acquisition dispute with remaining land owners and if required we will use the Land Acquisition Act 2013,” he added. According to Joshi, “Farmers have given a wonderful response to the land acquisition for the ambitious project. Government is providing jobs and land to project affected farmers.”
MSRDC has already received all permissions required including Environment Clearance. Samruddhi Mahamarga has 450 under and over passes that include forest and agriculture corridors. The project cost is estimated to be Rs 46,000 crore, which includes Rs 10,000 crore for land acquisition, Rs 26,138 crore for engineering works, Rs 2,590 crore as a provision to accommodate possibility of cost escalation, Rs 6,427 crore for payment of interest on borrowings and expenditure on financial institutions etc.
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