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[BUSINESS] · India · 4 sources

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India Approves Rs 8,970 Crore Guwahati‑Tezpur Highway Project

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the construction of a 135.871‑km, four‑lane access‑controlled Guwahati‑Tezpur corridor on National Highway 15 in Assam. The project is funded at a cost of Rs 8,970.20 crore and will be developed under a Built‑Operate‑Transfer (BOT) toll model.

Key components include five major bypasses around Baihata Chariali, Sipajhar, Kharupetia, Dhekiajuli and Tezpur, 15 large bridges, 30 minor bridges, 19 flyovers, an elephant underpass, 46 additional underpasses, and a 4.9‑km Emergency Landing Facility on the Tezpur bypass coordinated with the Indian Air Force. Officials say the corridor will double average travel speeds, cut travel time in half, improve road safety, boost fuel efficiency and lower vehicle operating costs, while linking major economic, social and logistics nodes across Assam and Arunachal Pradesh.

Entities

Assam · Guwahati‑Tezpur corridor · Indian Air Force · Narendra Modi · National Highway 15