Work Detail |
Deals have been awarded for India’s Ganga Expressway.
Contracts have been awarded for sections of the 594km Ganga Expressway project in India.
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) awarded a contract to Adani Enterprises (AEL) to build three sections of the Ganga Expressway. The package of works is worth US$1.98 billion and AEL will construct 464km of the route between Budaun and Prayagraj. The work will be handled under a design, bid, finance, operate and transfer (DBFOT) model.
Meanwhile, UPEIDA has awarded IRB Infrastructure Developers (IRB) a deal that will see the firm building a 130km stretch of the route, forming Group I of the Ganga Expressway. The work will also be handled under the DBFOT model. The $883.4 million deal will connect Meerut with Badaun.
When complete, this will be the longest expressway in India to have been constructed under the DBFOT model. |