Cabinet approves Rameshwar–Paradeep coastal highway in Odisha at ₹8,300.79 crore on Hybrid Annuity Mode
On 3 June 2026, the CCEA approved a new coastal highway from Rameshwar to Paradeep in Odisha in two packages on Hybrid Annuity Mode at a capital cost of ₹8,300.79 crore.
Summary
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved on 3 June 2026 the construction of a new coastal highway from Rameshwar to Paradeep in Odisha on the Hybrid Annuity Model (HAM), in two packages with a combined capital cost of ₹8,300.79 crore. The corridor passes through Khurda, Puri, Kendrapada and Jagatsinghpur districts: Package-1 from Rameshwar to Konark will be 4-lane, and Package-2 from Konark to Paradeep will be 2-lane with paved shoulders, with a design speed of 100 km/h. The project follows PM GatiShakti principles, will connect 9 economic nodes and 5 logistic nodes, and is expected to cut travel time between Rameshwar and Paradeep by about 2 hours 30 minutes.
Key facts
- Approved
- 3 June 2026, CCEA
- Corridor
- Rameshwar–Paradeep coastal highway, Odisha
- Cost
- ₹8,300.79 crore (two packages)
- Mode
- Hybrid Annuity Model (HAM)
- Packages
- Rameshwar–Konark 4-lane; Konark–Paradeep 2-lane with paved shoulders
- Districts
- Khurda, Puri, Kendrapada, Jagatsinghpur
- Benefit
- Travel time cut by ~2 h 30 min; 9 economic and 5 logistic nodes
Practice MCQs 2 questions
The Rameshwar–Paradeep coastal highway approved by the CCEA on 3 June 2026 will be built on which mode?
Show answer
Correct answer: C — Hybrid Annuity Model (HAM)
The coastal highway from Rameshwar to Paradeep will be built on the Hybrid Annuity Model in two packages.
The new Rameshwar–Paradeep coastal highway approved in June 2026 passes through which of these districts of Odisha?
Show answer
Correct answer: A — Puri and Kendrapada
The corridor passes through Khurda, Puri, Kendrapada and Jagatsinghpur districts.