792 Crore Turbocharge: NH-332A Revs Up with SPL Infra's Four-Lane Upgrade

SPL Infrastructure Private Limited is undertaking a significant road upgradation project titled "Road Upgradation (Four Laning)" along National Highway 332A, covering a distance from Mugaiyur to Marakkanam. With a substantial investment of 792 Crores, the 30.4 km stretch is set to transform into a four-lane highway, fostering improved connectivity between towns and villages along the route.

The project, currently under construction, includes the construction of two major bridges and several smaller culverts, aiming to enhance travel efficiency and stimulate economic activities in the region.

The project's benefits are multi-faceted, encompassing reduced travel time, increased safety for both motorists and pedestrians, and a boost in regional economic activity. Additionally, the road upgradation initiative is expected to generate employment opportunities during the construction phase.

The construction work, already in progress, is anticipated to conclude within a three-year timeframe. Funding for the project is sourced from a combination of equity and debt, involving contributions from the private sector and the government. Notably, SPL Infrastructure Private Limited, a well-established infrastructure company, brings a proven track record of delivering high-quality projects on time and within budget, underscoring the reliability and success potential of this endeavor.

In summary, the Road Upgradation (Four Laning) Project stands as a positive development that promises enduring benefits for the people and businesses in the region, aligning with SPL Infrastructure's commitment to timely and effective project delivery.

News By Rahul Yelligetti