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View Full Version : REL, DLF, 16 others bid for Ganga Expressway


praveen
06-12-2007, 08:33 PM
Anil Ambani Group firm Reliance Energy Ltd (REL) and realty player DLF are among the 18 companies that have submitted initial bids for constructing the Rs 30,000 crore expressway which will connect Greater Noida to Ballia in Uttar Pradesh.

"Eighteen companies submitted the pre-qualification bids for the project on the last day today,'' sources told PTI. Infrastructure major GMR Group and JP Associates, which have interests in cement, roads and power, are also among the bidders for the Gan ga Expressway project.

The project would be developed on public-private- partnership model. The state government seeks to build an eight-lane expressway connecting Greater Noida to Ballia. The 1,047-km expressway to be built along the Ganga river would also help in preventing floods, besides ensuring high speed direct connectivity from western to eastern boundaries of the State. Pradeshiya Industrial and Investment Corporation of UP Ltd (PICUP) is the nodal agency for conducting the international competitive bidding