New Delhi, May 28 -- The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday 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 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 ie 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 positive impact on the Logistic Performance Index (LPI) of the count...