NHAI allots Rs 1265.59 cr for Baunsaguar-Baraja stretch of NH-130

21 Sep 2021 CW Team

As part of the Raipur-Visakhapatnam Economic Corridor project, the National Highways Authority of India (NHAI) has approved Rs 1265.59 crore for the six-laning of the Baunsaguar-Baraja section of NH-130.

Minister of Road Transport and Highways Nitin Gadkari announced this via social media.

The Minister claimed that a budget of Rs 1265.59 crore has been granted in Odisha for the six-laning of the Baunsaguar-Baraja stretch of NH-130-CD under the Raipur-Visakhapatnam Economic Corridor in a series of tweets regarding the projects approved by the NHAI.

NHAI had sanctioned Rs 1,539 crore earlier this month under the Bharatmala Pariyojana for the six-laning of the Kaliagura-Baunsaguar section of the NH-130 in the state.

The Raipur-Visakhapatnam Economic Corridor, also known as the Raipur-Vizag Expressway, is a 464 km NHAI-approved six-lane access-controlled road that runs through the states of Chhattisgarh, Odisha, and Andhra Pradesh.

The project begins in Abhanpur, Chhattisgarh, and ends in Sabbavaram, Andhra Pradesh, near Vizag.

The highway will run for 124.611 km through Chhattisgarh, 262.211 km through Odisha, and 99.629 km through Andhra Pradesh on its greenfield alignment.

Image Source

Also read: NHAI to invest Rs 450 cr to upgrade Delhi-Jaipur highway by 2023

Also read: NHAI floats tender for Kanpur-Lucknow expressway project

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..