PM Modi inaugurates Rs 152.33-bn projects on Andhra visit

Prime Minister Narendra Modi last week dedicated to the nation the Rs 29.17 billion U-field onshore deep-water block project of the Oil and Natural Gas Corporation (ONGC) in Andhra Pradesh. It is the deepest gas discovery, with a production potential of about 3 million metric standard cubic metres per day (MMSCMD).

On the second day of his two-day tour of the state, the Prime Minister in all launched nine projects worth Rs 152.33 billion in virtual mode from the Andhra University Engineering College grounds and unveiled a plaque. Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, Union Railways and IT Minister Ashwini Vaishnaw, state ministers, MPs and legislators attended the event.

Modi dedicated the 39-km Narasannapeta to Pathapatnam section of NH-326A built at a cost of Rs 2.11 billionn as part of the Srikakulam-Gajapati Corridor. The project would provide better connectivity to the backward areas of AP and Odisha. Modi laid foundation stone for the AP section of the six-lane 100-km access-controlled greenfield Raipur-Visakhapatnam Economic Corridor of NH-130CD that will be built at a cost of Rs 37.78 billion.

The project is expected to be completed by October 2024, with a provision for expansion to 10-lane in future.

Among other projects, Modi laid the foundation stone for a dedicated port road from Convent Junction to Sheela Nagar Junction in Visakhapatnam, a Rs 5.66 billion project.

See also:
India to drive a 5th of global growth: Morgan Stanley
PM Modi to launch projects worth over Rs 95 billion in Telangana


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