In a major infrastructure boost for Odisha, the Union Cabinet has given its nod to the construction of a six-lane access-controlled capital region ring road — popularly known as the Bhubaneswar Bypass — under the Hybrid Annuity Mode (HAM). The project, announced by Information and Broadcasting Minister Ashwini Vaishnaw on Tuesday, will be developed at a capital cost of Rs 8,307.74 crore.Â