The Cabinet Committee on Infrastructure on 20 August 2010 approved the implementation of the four-laning of
Ranchi-Rargaon-Jamshedpur section in Jharkhand of NH-33.
The section upgradation stretching from 113.73 km to 277.5 km is to cost Rs
1,479 crore. The project will be implemented on a DBFOT basis. The concession
period is 15 years, including the time taken for construction of about 30
months.