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CCEA Approves ₹8,300 Crore New Coastal Highway for Odisha

📅 June 6, 2026 at 5:51 AM ✍️ 👁 12,450 views ✅ Exam Relevant
CCEA Approves ₹8,300 Crore New Coastal Highway for Odisha © Odisha Forest Dept.
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The 163.18 km highway from Rameshwar to Paradeep will be built under the Hybrid Annuity Model (HAM).

What is the News?

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a massive greenfield national highway project spanning 163.18 km from Rameshwar to Paradeep in Odisha. Estimated at a capital cost of ₹8,300.79 crore, the coastal highway will pass through four key districts: Khurda, Puri, Kendrapada, and Jagatsinghpur. The project will be executed in two packages under the Hybrid Annuity Model (HAM). Strategically integrated into the PM GatiShakti National Master Plan, this infrastructure project aims to resolve severe road geometry and traffic congestion bottlenecks along the existing Puri–Satapada and Puri–Konark corridors, dramatically boosting maritime logistics and coastal tourism.