Maha govt allots Rs 26,831 cr for Pune outer ring road project
ECONOMY & POLICY

Maha govt allots Rs 26,831 cr for Pune outer ring road project

The Maharashtra Government gave administrative approval of Rs 26,831.24 crore for the project and a concession agreement with the Maharashtra State Road Development Corporation (MSRDC), following the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samrud, on Monday, in a major boost to the development of the proposed 173.70 km outer ring road, which is meant to relieve traffic congestion in Pune.

The state Public Works Department approved all four packages of the mega project in a government resolution.

The first package includes the construction of a 29.85 km stretch of road from Solu on the Alandi-Markal Road to Soratwadi on the Pune-Solapur Road, which includes two interchanges, two railway overbridges, one viaduct, two river bridges, and 37 underpasses for Rs 3,523.93 crore.

Three interchanges, six tunnels, 10 viaducts, one railway overbridge, and two underpasses are included in the second package for the construction of 36.73 km of road from Soratawadi on Pune-Solapur Road to Varve on Satara Road at Rs 4,495.45 crore. Four interchanges, one railway overbridge, two river bridges, and 28 underpasses are included in the third package, which spans 38.340 kilometres from Urse on the Pune-Mumbai Expressway to Solu on the Alandi-Markal Road for 6,635.86 crore.

Six interchanges, eight tunnels, two viaducts, three river bridges, and 56 underpasses are part of the fourth package for the construction of a 68.8 km road from Urse on the Pune-Mumbai Expressway to Varve on the Satara Road at Rs 12,176 crore.

On August 25, the state government's basic infrastructure committee gave its approval to the project's implementation process.

Three major national highways, Mumbai-Bangalore, Mumbai-Hyderabad-Vijayawada, and Pune-Nashik, as well as new national highways, Pune-Pandharpur, Pune-Aurangabad, and Pune-Mangaon, all pass through the city, resulting in heavy interstate and intrastate traffic.

Image Source

Also read: MSRDC starts land survey of eastern half of Pune ring road

The Maharashtra Government gave administrative approval of Rs 26,831.24 crore for the project and a concession agreement with the Maharashtra State Road Development Corporation (MSRDC), following the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samrud, on Monday, in a major boost to the development of the proposed 173.70 km outer ring road, which is meant to relieve traffic congestion in Pune.The state Public Works Department approved all four packages of the mega project in a government resolution. The first package includes the construction of a 29.85 km stretch of road from Solu on the Alandi-Markal Road to Soratwadi on the Pune-Solapur Road, which includes two interchanges, two railway overbridges, one viaduct, two river bridges, and 37 underpasses for Rs 3,523.93 crore. Three interchanges, six tunnels, 10 viaducts, one railway overbridge, and two underpasses are included in the second package for the construction of 36.73 km of road from Soratawadi on Pune-Solapur Road to Varve on Satara Road at Rs 4,495.45 crore. Four interchanges, one railway overbridge, two river bridges, and 28 underpasses are included in the third package, which spans 38.340 kilometres from Urse on the Pune-Mumbai Expressway to Solu on the Alandi-Markal Road for 6,635.86 crore. Six interchanges, eight tunnels, two viaducts, three river bridges, and 56 underpasses are part of the fourth package for the construction of a 68.8 km road from Urse on the Pune-Mumbai Expressway to Varve on the Satara Road at Rs 12,176 crore. On August 25, the state government's basic infrastructure committee gave its approval to the project's implementation process. Three major national highways, Mumbai-Bangalore, Mumbai-Hyderabad-Vijayawada, and Pune-Nashik, as well as new national highways, Pune-Pandharpur, Pune-Aurangabad, and Pune-Mangaon, all pass through the city, resulting in heavy interstate and intrastate traffic. Image Source Also read: MSRDC starts land survey of eastern half of Pune ring road

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->