The NHAI signed a concession agreement to develop 121 km long Guwahati Ring Road at a total cost of Rs 5,729 crore.
The project includes three sections consisting of a long, four-lane, access-controlled Northern Guwahati Bypass; widening of the existing 8 km long bypass on NH 27 from four lanes to six lanes; and improvement of the existing 58 km long bypass on NH 27.
The Guwahati Ring Road will enhance connectivity on NH-27's East-West Corridor, ease traffic in Guwahati and northeastern states, and connect key towns like Siliguri, Shillong, and Jorhat.
The Government of Assam will bear 50% of the land cost along with providing exemption from royalty on aggregates and the state portion of GST, contributing about Rs 1,270 crore.