Welcome to CIMReviews.com, the ultimate destination for the latest in Construction, Infrastructure, and Mining in India. Dive into expert analyses, updates on cutting-edge technologies, and insights into government initiatives shaping the industry. Our content is curated by seasoned professionals, offering reliable information for industry veterans and newcomers alike. Stay informed and ahead of the curve with every visit to CIMReviews.com.
Recent Posts
Anyflix Media And Entertainment Private Limited First Floor, Worldmark1, Aerocity, New Delhi – 110058 GSTIN = 07AASCA2022K1ZN
Adani Enterprises (AEL), which would construct a 464-km section of the Meerut-Prayagraj Ganga Expressway, has obtained funding for the endeavour. It has obtained a debt of Rs. 10,238
Adani Enterprises (AEL), which would construct a 464-km section of the Meerut-Prayagraj Ganga Expressway, has obtained funding for the endeavour. It has obtained a debt of Rs. 10,238 crore and will inject Rs. 6,826 crore for the project involving an investment of Rs. 23,060 crore. AEL has come one step closer to gifting the nation and the UP with yet another iconic infrastructure with the help of this SBI facility.
Eighty percent of the 594-km highway is made up of three separate portions that the business has divided among three special purpose vehicles (SPVs) for the project: Budaun Hardoi Road Private Ltd (BHRPL), Hardoi Unnao Road Private Ltd (HURPL), and Unnao Prayagraj Road Private Ltd (UPRPL).
AEL received the projects under a design-build-finance-operate-transfer (DBFOT) model with a 30-year concession period. One of the most expensive road projects in India will be the six lanes (expandable to eight lanes), access controlled Ganga Expressway. It consists of four segments, three of which are being built by AEL, and the final, 129-km-long track, for which IRB Infrastructure has been awarded the contract.