Badvel-Nellore Corridor Okayed With Rs 3,653 Cr Outlay

New Delhi: Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the construction of the four-lane Badvel-Nellore corridor at a cost of Rs 3,653.10 crore in Andhra Pradesh.

The corridor, with a length of 108.134 km, will be constructed on the NH-67 on design-build-finance-operate-transfer (DBFOT) mode, the CCEA announced after a meeting here. The project will generate about 20 lakh man-days of direct employment and 23 lakh man-days of indirect employment.

The approved Badvel-Nellore corridor will provide connectivity to important nodes in the three industrial corridors of Andhra Pradesh -- the Kopparthy Node on the Vishakhapatnam-Chennai Industrial Corridor (VCIC), the Orvakal Node on the Hyderabad-Bengaluru Industrial Corridor (HBIC), and the Krishnapatnam Node on the Chennai-Bengaluru Industrial Corridor (CBIC).

"This will have a positive impact on the Logistics Performance Index (LPI) of the country," said the CCEA in its statement.