Nagpur : To expedite the work of 700 km long Nagpur-Mumbai Samruddhi Mahamarg which is expected to be a game changer for Vidarbha and Marathwada region, Maharashtra Industrial Development Corporation (MIDC) has handed over a sum of Rs 250 crore to the Maharashtra State Roads Development Corporation (MSRDC) for land acquisition of Samruddhi Mahamarg in the presence of Chief Minister Devendra Fadnavis on Thursday.
Industries Minister Subhash Desai handed over the cheque to Public Works Minister Eknath Shinde. Deputy Chairman and Managing Director of MSRDC Radheshyam Mopalwar and Chief Accounts and Finance Officer of MIDC Ravindra Sawant were present on the occasion. MSRDC has already received all permissions required for Nagpur-Mumbai Communication Super Expressway including Environment Clearance.
Samruddhi Mahamarg 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. Already 92 per cent land acquisition is over and a total of 10,000 hectares of land in 10 districts has been acquired in last eight months. The project is divided in 16 parts through Engineering, Procurement and Construction agreement (EPC) and the Letter of Authorisation (LOA) has been issued to all 16 contractors.
Various corporations like MIDC, Maharashtra Housing and Area Development Authority (MHADA), SRA, MMRDA, and CIDCO are also contributing share capital of Rs 5500 crore for this dream project. The MIDC has already advanced an amount of Rs 1000 crore to MSRDC. MHADA has also paid its share of Rs 1,000 crore. Samruddhi Mahamarg will start from Shivmadka village in Nagpur district, and will join Mumbai-Vadodara Expressway at Wadpe in Thane district.
Major connecting points in Vidarbha include Shivmadka, Butibori, Seloo, Pulgaon, Teli, Pulgaon, Dhamangaon Railway, Nandgaon Khandeshwar, Karanja Lad, Seloo Bazar, Malegaon Jahangir, Mehkar, Bibi, Sindkhed Raja.
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