Cabinet approves the construction of new coastal Highway from Rameshwar to Paradeep (Part of Coastal Highway having total length of 163.180 Km in 2 Packages) on Hybrid Annuity Mode in Odisha
- CCEA-approved greenfield coastal highway of ~163 km from Rameshwar to Paradeep in Odisha, executed as 2 packages on Hybrid Annuity Mode (HAM) at a capital cost of ₹8,300.79 crore.
- Part of India's broader Coastal Highway programme and Bharatmala Pariyojana logistics agenda — decongests NH-16 (Golden Quadrilateral) running through Bhubaneswar–Cuttack.
- UPSC relevance: infrastructure financing (HAM), port-led development (Sagarmala/Paradeep), federal project execution, and east-coast economic corridor strategy.