Adani gets financial closure for India's largest greenfield expressway
ROADS & HIGHWAYS

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

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

Next Story
Technology

We’re building robots that flow, not just move

Founded in 2021, Flo Mobility is reimagining construction automation with vision-AI robots designed for seamless movement through complex sites. In conversation with CW, Manesh Jain, Founder & CEO, discusses the company’s origin, its LiDAR-free tech stack, and expansion plans in the Middle East and US.What inspired the name Flo Mobility? Why ‘Flo’ and not ‘Flow’?When we started the company in 2021, our focus was on building autonomous navigation systems for robots. Since our work centred around robot movement, ‘mobility’ naturally became part of the name. We wanted to co..

Next Story
Real Estate

We’re committed to setting benchmarks in sustainable luxury living

From a landmark land acquisition in Boisar to ambitious launches across the Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Bengaluru and Pune, Birla Estates is driving future-ready growth with a strong focus on sustainability, partnerships and premium living, firmly anchored in its LifeDesigned® philosophy. K T Jithendran, Managing Director & CEO, outlines the company’s premium, sustainable growth playbook in conversation with PRATAP PADODE, Editor-in-Chief, CW. Excerpts:Birla Estates recently acquired a 70.92-acre land parcel in Boisar, Maharashtra, for..

Next Story
Infrastructure Urban

Mumbai’s land crunch and ageing homes call for structured renewal

Founded in 2022, Etonhurst Capital Partners is a real-estate fund management platform focused on the Indian market. As the firm achieves the first close of Rs 1.8 billion for its debut Rs 5 billion fund, Bamasish Paul, Co-founder, Managing Partner & CEO, discusses its sharp focus on redevelopment-driven value creation in Mumbai’s urban core with CW. Excerpts:Etonhurst Capital has achieved a significant milestone with the first close of Rs 1.8 billion for its Rs 5 billion fund. What factors contributed to this early success and how do you plan to attract further investments to r..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?