Adani gets financial closure for India's largest greenfield expressway

Budaun Hardoi Road (BHRPL), Hardoi Unnao Road (HURPL), and Unnao Prayagraj Road (UPRPL), all wholly owned subsidiaries of Adani Enterprises (AEL), have reached financial close on the access-controlled six-lane (expandable to eight-lane) greenfield Ganga Expressway Project (Group-II, III, and IV) in Uttar Pradesh on a DBFOT basis under PPP mode. The concession will last 30 years. The Ganga Expressway in Uttar Pradesh, which will connect Meerut and Prayagraj, will be India's longest DBFOT expressway. AEL will construct 464 kilometres of the expressway's 594 km from Budaun to Prayagraj, accounting for 80 per cent of the project's length.

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