PM Modi to dedicate two highways to Varanasi on Monday

ANI  |  Varanasi (Uttar Pradesh) [India] 

will dedicate two important highways in Uttar Pradesh's on November 12.

The total length of the highways is 34 kilometres and is constructed at a cost of over Rs 1,500 crore.

The two projects will reduce in the area and will also provide easier and more convenient access to Sarnath, which is an for Buddhist pilgrimage.

will also dedicate an inland waterways terminal to the nation on in

This will be the first of the four multi-modal terminals on River Ganga, which is a part of the World Bank-aided Jal Marg Vikas project of the Inland Waterways Authority of

The multimodal terminals aim to develop the stretch of between to for navigation of large vessels up to 1500-2000 tonnes weight, with an objective to promote inland waterways as a cheaper and more environment-friendly means of transport.

The estimated cost of this project is Rs 5,369.18 crores on a 50:50 sharing basis between the and the

Apart from this, he will also receive India's First Container Cargo being transported on an Inland Waterway.

Operation, management and further development of the multimodal terminal is proposed to be entrusted to an operator on Public-private partnership (PPP) model. Selection of the PPP operator through an International Competitive Bidding is at an advanced stage and expected to be completed by December 2018.

will also receive India's first container vessel that sailed from Kolkata, carrying cargo of (India).

The Inland Waterways Authority of (IWAI) vessel, MV Rabindranath Tagore is transporting 16 containers and it will make its return journey with fertilizers from IFFCO.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, November 11 2018. 07:46 IST