March 6, 2024: The government on March 6 approved the allocation of Rs 2,675.31 crore for the 4-laning of the Belgaum-Hungund-Raichur Section of the National Highway-748A.
In a post on micro-blogging site X, Union Minister for Road Transport and Highways Nitin Gadkari said this section falls in Bagalkot and Belgavi districts of Karnataka. The project spanning a total length of 92.40 kilometre will be carried out on a hybrid-annuity mode.
“This undertaking is an integral part of the Panaji-Hyderabad EC10 corridor. EC10 connects pivotal industrial hubs, including Panaji, celebrated for fishing, tourism, agriculture, and pharmaceutical industries; Belgavi renowned for food grains, sugarcane, cotton, tobacco, oilseed and milk products; Raichur, recognised for rice, cotton, groundnut and pulses; and Hyderabad, distinguished for IT, pharm, healthcare and as a hub for various startups situated in Goa, Karnataka and Telangana states, respectively,” the ministry said in a statement.
In December last year, The National Highways Authority of India (NHAI) had issued two separate tenders for the construction of four lanes with paved shoulders in the Belagavi-Hungund-Raichur section with a total value of Rs 1,699.57 crore.
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