This work will be under the National Highways Development Project (NHDP) Phase-V. The approval is in Build-Operate-Transfer (BOT) (Toll) mode on Design, Build, Finance, Operate and Transfer (BOT/DBFOT) basis.
The cost is estimated to be Rs. 2296.82 crore including the cost of land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be approximately 137 kms.
The main objective of the project is to expedite the improvement of infrastructure in the state of Uttar Pradesh and also in reducing the time and cost of travel for traffic, particularly heavy traffic, plying between Baleshwar – Chandikhole. The project on National Highway -5 is a part of the Golden Quadrilateral between Chennai-Kolkata. This stretch will also help uplift the socio-economic condition of entire state of Odisha. It will also increase the employment potential to the local labourers for the project activities.