IRB Infrastructure Developers Ltd on Friday said it has received a letter of award from the Uttar Pradesh Expressways Industrial Development Authority for developing the Group 1 of Ganga Expressway greenfield project.
The company, in a statement, said it will develop the 129.7-km stretch from Meerut to Badaun under Group 1 of the four groups of the project, with cost outlay of Rs 6,555 crore, under the Design, Bid, Finance, Operate and Transfer (DBFOT) model.
The upcoming Ganga Expressway is a 594-km long six-lane wide (expandable to eight lanes) greenfield project undertaken by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA).