- Adani Enterprises won a huge order
- 3 Ganga Expressway Project worth 17085 Cr
- 464 km section to be built in 3 years
Adani Enterprises received India’s biggest expressway project in Uttar Pradesh. This expressway will connect Meerut with Prayagraj.
Adani Enterprises Limited took part in the competitive bidding procedure asked by UPEIDA for growth, economy and formation of Ganga Expressway on PPP purpose. After this, they received the Letter of Award for Ganga Expressway. In five years, Adani Enterprise has done outstanding performance and has the highest price CAGR of 86%. After winning the project the share of Adani Enterprises gains 2 per cent at Rs 1,628.85.
Ganga Expressway project will lead to the social and financial growth of the nearby regions, agriculture, marketing and business-related activities increase. This highway will fulfill as an industrial corridor connecting numerous output units, growth centres and agricultural output regions with the capital.
