Ganga E-way: UPEIDA nod to SBI’s proposal for draft financial advisory report

The 66th Board meeting of the UP Expressways Industrial Development Authority (UPEIDA) on Tuesday approved an SBI Capital Markets’ proposal for draft financial advisory report for civil work of the Meerut to Prayagraj Ganga Expressway project. Awanish Awasthi, CEO, UPEIDA, presided over the meeting.

The 594-km Ganga Expressway will start from NH 334 in Meerut and will end in Prayagraj. It will pass through Meerut, Hardoi, Bulandshahr, Amroha, Budaun, Shahjahanpur, Hardoi, Unnao, Rai Bareli, Pratapgarh and Prayagraj districts.

For the Ganga Expressway project, the government has acquired around 4600-hectare land against the requirement of 7800 hectare. At the meeting, a proposal to select private and government oil companies to set up eight fuel stations on Purvanchal Expressway was also approved.