A consortium headed by SEW Infrastructure Limited has commenced work on the Rs 2,770-crore road project in Uttar Pradesh.
The Uttar Pradesh Chief Minister, Akhilesh Yadav, on Wednesday laid the foundation stone for the project, according to a statement from the Hyderabad-based infrastructure company.
The build, operate and transfer (BOT) project seeks to take up four-laning work of the 206-kilometre stretch between the Delhi–Saharanpur section of the Uttar Pradesh State Highway-57.
This inauguration was part of the Chief Minister’s schedule of laying the foundation stones for four road projects from Lucknow including the Delhi-Saharanpur project.
The SEW–Prasad Consortium was awarded the contract through a global tender process. The project has a concession period of 25 years.
SEW had received bonus from National Highways Authority of India for early completion of NH5 in the Golden Quadrilateral on the Madhya Pradesh-Maharashtra border 57 days ahead of schedule in 2011.