<h1>National government approves 110 km six-lane access-controlled ring road under Hybrid Annuity Mode, Rs 8,307.74 crore project</h1> The national government has approved a 110 km, six-lane access-controlled ring road (Bhubaneswar bypass) in Odisha under Hybrid Annuity Mode at a capital cost of Rs 8,307.74 crore, intended to divert heavy commercial traffic from urban centres and integrate with three national highways and one state highway plus rail, airport, ports and a proposed logistics park. The decision triggers procurement and contract obligations under HAM, mobilises large-scale land acquisition and environmental and statutory clearances, and carries projected employment and regional economic benefits alongside potential liabilities tied to construction, compensation and long-term annuity payments.