KOLKATA, 8 FEBRUARY: Foundation of the first ever public private partnership initiative, which was to set up an elevated 7.5 km road, was laid by chief minister Miss Mamata Banerjee yesterday. The Jinjira Bazar–Batanagar elevated road on the highly congested Budge Budge Trunk Road off the city is a much awaited initiative by Kolkata Metropolitan Development Authority (KMDA). The Rs 255 crore project has been sanctioned under the JNNURM with a 35% grant. The project has been designed in a manner that there would be no outgo from the State Government. The surface road shall be widened as part of the project. Local residents and other users shall be free to travel the widened two-lane road without paying any toll. sns