India, May 28 -- The Government of India issued the following news release:

The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has approved the construction of 4-Lane Badvel-Nellore Corridor with a length of 108.134 km at a cost of Rs.3653.10 crore in state of Andhra Pradesh on NH(67) on Design-Build-Finance-Operate-Transfer (DBFOT) Mode.

The approved Badvel-Nellore corridor will provide connectivity to important nodes in the three Industrial Corridors of Andhra Pradesh, i.e., Kopparthy Node on the Vishakhapatnam-Chennai Industrial Corridor (VCIC), Orvakal Node on Hyderabad-Bengaluru Industrial Corridor (HBIC) and Krishnapatnam Node on Chennai-Bengaluru Industrial Corridor (CBIC). This will have a p...