Indian Economy News

PM lays foundation stone of projects worth over Rs 17,500 cr in Uttarakhand

  • IBEF
  • December 31, 2021

Prime Minister Mr Narendra Modi laid the foundation stone for projects worth over Rs 17,500 crore (US$ 2.35 billion) in Uttarkhand on Thursday, December 20, 2021.

He unveiled a number of initiatives, including the inauguration of six projects for Rs 3,420 crore (US$ 459.7 million) and the laying of the foundation stones for another 17 projects worth Rs 14,127 crore (US$ 1.91 billion).

Three enlarged parts of the Chardham all-weather road, the Nagina-Kashipur National Highway, the Suring Gad hydel project, and sewage works under the Namami Gange programme in Nainital are among the projects that have been launched.

The Prime Minister also laid the foundation for a multi-purpose hydro-electricity project in Lakhwar worth Rs 5,747 crore (US$ 772.5 million), an AIIMS satellite centre for Kumaon worth Rs 500 crore (US$ 67.2 million),  Moradabad-Kashipur four-lane road, enhanced road connectivity with Nepal, and an Aroma Park in Kashipur.

The Lakhwar multi-purpose project is expected to generate 300 megawatts of power. Uttarakhand, Himachal Pradesh, Haryana, Uttar Pradesh, Rajasthan, and Delhi would benefit from the 330 million cubic metres of water in its reservoir, which will be used for agricultural and drinking water.

Modi is in the state for the second time this month. On his most recent visit to Uttarakhand, he launched projects worth over Rs 18,000 crore (US$ 2.41 billion) in Dehradun.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.