Writeup AP 2011-12 - Punjab State Planning Board

14. EXTERNALLY AIDED PROJECTS
An outlay of Rs. 503 crore has been provided for Annual Plan 2011-12 against the
revised outlay of Rs. 290.66 crore during 2010-11 under the externally aided projects. An
amount of Rs. 244.13 crore has been incurred during 2010-11.
Road and Bridges
I. World Bank Funded Punjab State Road Sector Project
569
Outlay – Rs. 225000 lac
14.1 The World Bank has approved Punjab State Road Sector Project (PSRSP) at a
total cost of Rs. 1500.00 crore ($ 333 millions). The loan agreement with World Bank was
signed on 26 th Feb., 2007. The project became effective on 2 nd April, 2007 and is to be
completed by June, 2012.
14.2 Under this project a total length of 1300 Kms (700 Kms in Phase-I and 600
Kms in Phase-II) was proposed to be improved. In addition the project also aims to finance
institutional strengthening of P.W.D (B&R).
The present status of the project is as under:-
1. Financial Status
A. Total Project Cost - Rs.1,500.00 crore ($333 million)
i. World Bank Funding - Rs.1,125.00 crore ($ 250 million)
@ 75%
ii. GOP Funding - Rs. 375.00 crores ($ 83 million)
@ 25%
B. Total Receipts - Rs. 754.24 crore
i. World Bank Share - Rs. 532.24 crore
ii. GOP Share - Rs. 222.00 crore
2. Physical Status
A. Phase-I
14.3 The Phase-I of project consists of following works
i. Upgradation of 152 kms of roads at a total cost of Rs. 380 crore.
ii. Rehabilitation of 205 Kms of roads at a total cost of Rs. 250 crore.
iii. Periodic Maintenance of 350 Kms of roads at a total cost of Rs. 60 crore.
All the Rehabilitation and periodic maintenance works stands completed and one out
of three upgradation works also stands completed. The work on the following two
upgradation works is in progress.
i. Kharar – Banur - Tepla Road (40 Km /Rs. 108 crore)
The work is likely to be completed by Feburary, 2011.
ii. Ludhiana – Malerkotla - Sangrur Road (72Km/Rs. 225 crore)