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The Uttar Pradesh government is planning to tap private lenders for funding the 628 km Ganga Expressway project.
The need to attract investment into the states has never been greater.
Foundation stone laid for 296-km-long Bundelkhand Expressway to be built at Rs 148.49 bn
Asset monetisation will pave the way for debt reduction
It estimates state-level spend on roads to increase at CAGR of 22 per cent
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The Uttar Pradesh Cabinet has reportedly approved the construction of a six-lane Ganga Expressway. Worth Rs 360 billion, the expressway is expected to connect Meerut in western Uttar Pradesh to Prayagraj in the east.
A-303, Navbharat Estates, Zakaria Bunder Road, Sewri (West), Mumbai - 400 015, Maharashtra, India