Chief Minister Arjun Munda will inaugurate the 15.1 km long Adityapur-Kandra highway on Monday.
The estimated project cost of this highway is Rs. 185.50 Crore.
This highway is part of his government’s plan to develop 1500 Km roads in the state under Jharkhand Accelerated Road Development Programme (JARDP). The JARDP is being implemented through a Public Private Partnership frame work, on BOT (annuity) basis.
Selected roads including Ranchi-Ramgarh via Patratu which was inaugurated by Munda earlier were identified for implementation under this programme to ease of traffic movement and future growth of Jharkhand.
For implementation of JARDP,the state government has setup a SPV under the name and style of Jharkhand Accelerated Road Development Company Limited. This company has been set up as a 26 : 74 Joint Venture between Government of Jharkhand and IL&FS.
This Adityapur-Kandra road mainly connects the industrial area of Adityapur to Chaibasa-Kandra Road (SH-5). This road would act as safe corridor for movement of fast commercial vehicles.
Service road,built on both sides of main carriageway,provides safe and easy movement to local and heavy traffic.This road will lead to improved mobility by reduction in travel time and vehicle operating cost.
“This would boost the planned industrial and socio-economical development of Adityapur, Gamhariya, and Kandra region. It will also help to bring in rapid urbanisation of the area”,said Munda.