Adani Enterprises Limited (AEL) wholly owned subsidiaries Badaun Hardoi Road Private Limited (BHRPL), Hardoi Unnao Road Private Limited (HURPL), and Unnao Prayagraj Road Private Limited (UPRPL) have closed the financial closure for the six-lane greenfield Ganga Expressway project. Toll-based PPP mode. This six-lane will be expandable to eight lanes. The grace period in this will be 30 years. The concession period for this would be 30 years, which includes a provision of six years of traffic link extension including a construction period of three years.
The Ganga Expressway will connect Meerut with Prayagraj in Uttar Pradesh. This will be the longest expressway in India to be implemented on DBFOT (Design, Build, Finance, Operate, Transfer) basis. Of its 594 km length, AEL will construct 464 km from Budaun to Prayagraj which includes 80% of the expressway project.
KP Maheshwari, CEO, Road Business, Adani Enterprises Ltd. said, “India is building the road infrastructure at a record pace, which it needs for its growth, and we need to provide the much-needed road connectivity across the country. of happiness.'
State Bank of India has outlined the entire loan requirement of INR 10,238 crore for Ganga Expressway projects (BHRPL, HURPL, and UPRPL). With this facility of SBI, we have gone a step ahead towards providing yet another historic infrastructure to our country and the state of UP.
AEL's road construction portfolio comprises 18 projects. It has an extension of over 6,400 lane kilometers. Its asset value is around Rs 44,000 crore. These projects are spread over ten states of India namely Uttar Pradesh, Chhattisgarh, Telangana, Andhra Pradesh, Madhya Pradesh, Kerala, Gujarat, West Bengal, and Odisha. The portfolio has a mix of HAM (Hybrid Annuity Mode), TOT (Toll-Operate-Transfer), and BOT (Build-Operate-Transfer) types of assets.
World Cup: The way for the Pakistan team to play in the World Cup 2023 has been cleared, the Ministry of External Affairs has permitted them to come to India.
Pakistan has agreed to send a team to the ODI World Cup to be held in India from October 5. Pakistani Foreign Office (FO) said on Sunday, Pakistan has always believed that sports should be kept
Suryakumar played an innings of 69 runs amid fever: told the doctor - give a shot ... whether you give an injection, but cure me by evening
'For the victory, it is necessary to have the will to achieve it.' Team India's explosive batsman Suryakumar Yadav proved this on Sunday. He came down in the deciding T20 match against Australia even
Navy tests BrahMos from a ship: The missile hit the target accurately in the Arabian Sea; Sukhoi was tested 2 months ago
Indian Navy has successfully tested BrahMos from its ship in the Arabian Sea. BrahMos missile with a DRDO-designed booster carried out a precision strike on a target in the Arabian Sea. The missile
Weather Update: Sudden change in the weather of Delhi-NCR, a sheet of dust spread in the sky
There was a sudden change in the weather on Tuesday morning amidst the scorching heat in Delhi-NCR. Dusty winds blew in many areas of Delhi NCR and a blanket of dust was visible across the sky.
Maharashtra Rain: Mumbai comes to a standstill due to heavy rains; threat of floods increases; Schools will remain closed in Nagpur today
Due to heavy rains, India's financial capital Mumbai came to a standstill on Saturday. It has been raining here all night long and since this morning. There is no hope of getting relief from this
Punjab Floods: 1400 villages and 4.5 lakh people affected by floods... 37 dead, heavy rain for two days; this is why the situation worsened
The flood situation has worsened due to continuous rains in Himachal and Punjab. More than 1400 villages in all 23 districts of Punjab have been hit by floods. In such a situation, the Punjab
Bahraich Wolf Attack: Vigilance increased in wolf-affected villages, surveillance at every nook and corner; villages echoing with the sound of firecrackers
The wolf, which has already killed 10 people including nine children, was not heard attacking on Tuesday. Block Development Officer Hemant Kumar Yadav said that 11 district-level officers are visiting
VVKWWV: Alia Bhatt's Jigra could not stand in front of 'Vicky Vidya', it became a must-watch movie due to these 5 reasons
Romantic comedy films have always been considered the key to success in Hindi cinema. A new name is being added to this list, Rajkummar Rao and Tripti Dimri starrer film Vicky Vidya Ka Woh Wala Video,
SAFF: India's Jackson Singh used Manipur's flag to celebrate becoming champion
Team India has won the title of the SAFF Championship. India defeated Kuwait 5-4 in the penalty shootout in the final played at the Kanteerava Stadium in Bengaluru on Tuesday. The score was tied at
Research by University of London psychologists: Those who do not get enough sleep, the same people start making claims like seeing ghosts at night.
There is no end to the tales and stories about witches, ghosts, and spirits. The illusion of hypocrites and tantriks has left no stone unturned to spread this illusion not only in India but all over
