Maharashtra govt approves Rs 26,831-crore budget for outer ring road project for Pune
In a major push to the development of the proposed 173.70 km outer ring road, which is meant to decongest traffic in Pune city, the Maharashtra government Monday gave administrative approval of Rs 26,831.24crore for the project and a concession agreement with the Maharashtra State Road Development Corporation (MSRDC), along the lines of the Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg.
The state Public Works Department issued a government resolution approving all four packages of the mega project.
The first package includes development of 29.85 km of the road from Solu on Alandi-Markal Road to Soratwadi on Pune-Solapur Road at a cost of Rs 3,523.93 crore, which includes two interchanges, two railway overbridges, one viaduct, two river bridges and 37 underpasses.
