 "UP to open financial bids for expressways worth Rs 20,000 crore this month")
Uttar Pradesh government has lined up 2 mega expressway projects totalling more than Rs 20,700 crore for award to the private concessionaries by the end of this month.
While, the technical bids for the 2 projects, Bundelkhand Expressway and Gorakhpur Link Expressway were opened last month, the financial bids will be opened after Diwali due on October 27. Both the projects are estimated to cost Rs 14,850 crore and Rs 5,877 crore respectively.
“The financial bids will be opened after Diwali and the contract would be formally awarded to the selected companies after the state cabinet clears the proposal,” UP
