Adani gets financial closure for India's largest greenfield expressway

Budaun Hardoi Road (BHRPL), Hardoi Unnao Road (HURPL), and Unnao Prayagraj Road (UPRPL), all wholly owned subsidiaries of Adani Enterprises (AEL), have reached financial close on the access-controlled six-lane (expandable to eight-lane) greenfield Ganga Expressway Project (Group-II, III, and IV) in Uttar Pradesh on a DBFOT basis under PPP mode. The concession will last 30 years. The Ganga Expressway in Uttar Pradesh, which will connect Meerut and Prayagraj, will be India's longest DBFOT expressway. AEL will construct 464 kilometres of the expressway's 594 km from Budaun to Prayagraj, accounting for 80 per cent of the project's length.

Also read:
PM lays foundation stone for world's first CNG terminal in Bhavnagar
Manipur CM inaugurates developmental projects in Henglep

Related Stories

Adani, Mettube in Copper Tube JV for HVAC Sector
Adani Plans Rs 1 Trillion Investment to Expand Airport Business
NCLT Approves Adani Cementation Merger with Ambuja Cements
MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0
Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office