Categories: India

5,100CR loan for Ganges EWAY cleaned, the work will begin soon

Lucknow: In important progress towards Ganga’s freeway construction, the Industrial Development Authority Tapenai Expressway receives a Sanction Sanction letter of the Securitization RS 5,100 Crore here on Saturday.
The 594-km toll road, the longest Indian India, to be built between Meerut and Prayagraj will reduce travel time between Delhi and the east up from 11 hours to almost seven hours.
On Saturday, the CEO of PNB SS Malikarjuna Rao transferred a sanction letter from a securitization-based loan to Upteida in front of the Nirmala Union Finance Minister and CM Yogi Adityanath.
More than 92% of land acquisition work for the RS 36,000 Crore project has been carried out and the construction will likely start next month after PM Modi’s planning.
CM says the EWIN will cross 11 districts and will be a “backbone of the upper economy”.

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