State government plans to seek Rs.1,050 crore
The Union Planning Commission has cleared Phase II of the Outer Ring Road project, from Nemilichery to Minjur, for inclusion in the list of projects seeking funding from the Japanese International Cooperation Agency.
According to sources associated with the project, apart from the Planning Commission, the Department of Economic Affairs and the Ministry of Urban Development have to approve Phase II. It is learnt that the State government proposes to seek an external assistance of Rs.1,050 crore and contribute Rs.25.81 crore. The project, being implemented in two phases, is expected to help decongest the city and act as a catalyst for development of satellite townships.
Under Phase II, a 32-km road would be developed at a cost Rs.1,075.81 crore. Of this, Rs.1,050 crore would be towards civil work. A sum of Rs.21.56 crore would be spent on land acquisition and Rs.4.25 crore towards relief and rehabilitation of the people displaced by the project.
The project is scheduled to be completed in three years. The road would have six lanes with service lanes on either side.
According to sources associated with the project, the Tamil Nadu Road Sector Project has commissioned Ernest Young and L&T Ramboll to prepare a detailed project report for Phase II.
Work on Phase I of the Outer Ring Road (ORR) project, from Vandalur to Nemilichery, began recently.