{"id":374888,"date":"2020-09-23T12:12:29","date_gmt":"2020-09-23T06:42:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=374888"},"modified":"2020-09-23T13:11:00","modified_gmt":"2020-09-23T07:41:00","slug":"govt-likely-to-approach-pvt-lenders-for-ganga-e-way","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-likely-to-approach-pvt-lenders-for-ganga-e-way\/","title":{"rendered":"Govt likely to approach pvt lenders for Ganga e-way"},"content":{"rendered":"<p>The Uttar Pradesh government is likely to approach private lenders for financing the 628-km Ganga Expressway project which is estimated to cost more than Rs 36,000 crore. Once completed, it would be the world\u2019s longest access controlled expressway.<\/p>\n<p>So far, the state government has sourced credit from public sector banks to the tune of several thousands crore rupees for the ongoing projects like Ganga Expressway, Purvanchal Expressway, Bundelkhand Expressway and Gorakhpur Link Expressway.To expand the financing pool for the Ganga Expressway, the UP Expressway Industrial Development Authority (UPEIDA) Board decided to tap loans from the Reserve Bank of India (RBI) licensed banking entities. However, the private sector lenders would be expected to offer credit on the same terms and conditions like the nationalised banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Uttar Pradesh government is likely to approach private lenders for financing the 628-km Ganga Expressway project which is estimated to cost more than Rs 36,000 crore. Once completed, it would be the world\u2019s longest access controlled expressway. So far, the state government has sourced credit from public sector banks to the tune of several thousands crore rupees for the ongoing projects like Ganga Expressway, Purvanchal Expressway, Bundelkhand Expressway and Gorakhpur Link Expressway.To expand the financing pool for the Ganga Expressway, the UP Expressway Industrial Development Authority (UPEIDA) Board decided to tap loans from the Reserve Bank of India (RBI) [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,213,144],"tags":[],"class_list":["post-374888","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-roads-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=374888"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374888\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=374888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=374888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=374888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}