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.

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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

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Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

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Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

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Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

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