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Economy News : Indian-commodity.com

Tuesday, December 18, 2007

DLF, Reliance Among 18 In Fray For UP Expressway

LUCKNOW: The construction of the Rs 30,000-crore, 8-lane, access-controlled expressway in Uttar Pradesh has evoked interest from several Indian and global infrastructure majors.

The expressway promises to reduce travel time from Noida to Ballia (the eastern tip of UP) to about 10 hours. The state had invited requests for qualification from prospective developers, which saw 20 companies submitting proposals.

The proposals were evaluated on December 13 and 18 developers have qualified for the next stage of bidding.

The shortlisted developers include Ssang Yong in consortium with Yougraj, GMR, Jaiprakash Associates, DLF, L&T-ECC, Leighton, Punj Lloyd, Reliance Energy, Unitech, Omaxe in consortium with GVK and NCC, Bajaj, SNC Lavalin, Galfar and Plus Expressway, Malaysia among others.

The last date of submission of proposals is by the shortlisted developers is January 11.
Posted by Indian-commodity at 11:35 AM

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