Maharashtra Chief Minister (CM), Devendra Fadnavis has set an ambitious target to start the work on Nagpur-Mumbai super-expressway in December this year. The first phase of this road is to be completed by 2019 and the project will be fully ready by December 2020.
The CM said that the detailed project report (DPR) will be available in June 2016. In order to expedite DPR preparation, Maharashtra State Road Development Corporation (MSRDC) has divided the 793km expressway passing through 14 districts into five packages or stretches. Five agencies are simultaneously preparing the DPR for their respective package. The financial closure of the project will be achieved in September 2016.
Asian Development Bank (ADB) has already started its appraisal of the project. Malaysian government has also evinced interest in financing the project. The state government will request the Centre to allow it to sign a Government to government (G2G) memorandum of understanding (MoU) with Malaysia. Fadnavis further said that various models for executing the project were being explored and an announcement on the chosen model would be announced soon. This road will be beneficial for the farmers of the backward regions such as Vidarbha and Marathwada.