Subject Proposal for Jahangir Chowk Flyover Under Appraisal
Asian Development Bank (ADB) Mission, currently on a 5 day visit to the State
Asian Development Bank (ADB) Mission, currently on a 5 day visit to the State to finalize sub-projects to be taken up under the Tranche-2 of Loan-II (J&K Urban Sector Infrastructure Development Program - JKUSDIP) being executed by J&K Economic Reconstruction Agency (ERA), held extensive discussions here today with a team of ERA officers headed by Mr B.B Vyas, Principal Secretary to the Chief Minister and Chief Executive Officer, ERA.
Earlier, the ADB Mission visited Jammu and held meetings with the various stake-holders. It landed at Srinagar on May 4 and reviewed the progress of various sub-projects being executed by ERA. ADB Mission appreciated the progress achieved on the sub-projects despite the loss of the crucial working season in the valley last summer. ADB team visited Achan Landfill Site, Harwan to Nishat raw water conduit and other sub-projects being executed by ERA.
Two prestigious flyovers, namely, Jahangir Chowk Flyover in Srinagar and Bikram Chowk Flyover in Jammu are proposed to be taken under Tranche-2. ADB Mission shall undertake techno-economic feasibility of these two flyovers after consulting the various stake-holders. ‘Parking Lots’ are also proposed to be taken up in Srinagar city under the 2nd Tranche.
ADB Mission was apprised about the importance and requirement of these flyovers, especially in view of the increasing traffic congestion problem being faced in the two capital cities. ADB Mission was informed that the concept plan of the flyovers has been vetted by RITES. Further, the design of the flyovers has been approved by IIT Roorkee. It may also be mentioned that the Hon’ble Chief Minister, in the meeting held yesterday at New Delhi with M/s RITES, has asked them to prepare the ‘Comprehensive Mobility Plan’ for both Jammu and Srinagar city at the earliest. Among others, the meeting was attended by Chief Secretary, Principal Secretary Planning and Principal Secretary to the Chief Minister.
Economic Reconstruction Agency is presently executing sub-projects under two loans viz Loan-I (Multi-Sector Project for Infrastructure Rehabilitation – MPIR) and Loan-II (J&K Urban Sector Infrastructure Development Program - JKUSDIP) funded by Asian Development Bank. Total size of Loan-I is Rs 1611 crore out of which ERA has achieved the expenditure target of Rs 1170 crore ending April, 2011. At the request of the State Government, ADB has extended the loan closing date for Loan-I till December, 2011. Total size of Tranche-1 of Loan-II is Rs 292 crore with a loan closing date of October, 2012.
Economic Reconstruction Agency 