PM Narendra Modi inaugurates India’s first Hybrid 14 lane expressway developed by NHAI and Welspun Group
Myequity news service | Date : 27-05-2018 20:30:00
Shri Narendra Modi, Honorable Prime Minister of India today inaugurated India’s first 14 lane Expressway – The Delhi-Meerut Expressway (Delhi Section) from Nizamuddin Bridge to UP border, proudly developed by NHAI and Welspun Enterprises Ltd. under Hybrid Annuity Model.
Welspun Enterprises Ltd. developed the Delhi-Meerut Expressway (Package I) in a record time of 18 months as against the scheduled 30 months.
The project consists of a six-lane expressway in the center, flanked by two four-lane highways on either side - making it 14-lanes in total.
The 14-lane expressway stretches 8.716 km and has been completed in a record time of 18 months as against the scheduled 30 months. Company had got the contract to construct and operate the highway for 15 years in March 2016.
Designed for a speed up to 120 km/h, this expressway will substantially reduce the travel time from 45 minutes to just 8 minutes.