The Uttar Pradesh government has decided to tap private lenders for funding the 628 km Ganga Expressway project, which is estimated to cost more than Rs 36,000 crore.
The mega project will be the world’s longest access controlled expressway project, when completed.
So far, the Adityanath government has sourced public sector bank credit to the tune of several thousands of crores for its various ongoing and proposed expressway projects, including Ganga Expressway, Purvanchal Expressway, Bundelkhand Expressway and Gorakhpur Link Expressway.
For expanding the financing pool for Ganga Expressway, the Board of UP Expressway Industrial Development Authority (UPEIDA) has decided to