Adani Enterprises (AEL) declared that the greenfield Ganga Expressway project in Uttar Pradesh has reached financial close thanks to the efforts of its fully owned subsidiaries Budaun Hardoi Road, HardoiUnnao Road, and UnnaoPrayagraj Road.
According to a regulatory filing, Budaun Hardoi Road (BHRPL), Hardoi Unnao Road (HURPL), and Unnao Prayagraj Road (UPRPL), all wholly owned subsidiaries of Adani Enterprises, have successfully completed the design, build, finance, operate, transfer (DBFOT) (Toll) phases of the access-controlled six-lane (extendable to eight-lane) greenfield Ganga Expressway project (Group-II, III,
According to the firm, the project will be under concession for 30 years with a provision for a 6-year extension of the traffic link.