BoB approves ₹2,000-cr for Bundelkahnd e-way project
Bank of Baroda has sanctioned ₹2,000 crore for the ambitious Bundelkahnd Expressway project in Uttar Pradesh. With this initiative, other banks would also be able to fast-track the loan proposals under their consideration, and UPEIDA would be able to attain expeditious financial closure of the loan of ₹7,000 crore for this project. Bundelkhand Expressway, one of the core ventures of the state government, is aimed at expediting the socio-financial development of the area. The 296 km expressway will originate at Bharatkoop in Chitrakoot district and merge with the Agra-Lucknow Expressway at Kudrail village in Etawah traversing through the districts of Chitrakoot, Banda, Hemirpur, Mahoba, Jalaun, Oraiya and Etawah. Once commissioned, it will provide faster and seamless connectivity to Agra, NCR and Delhi via the existing Agra-Lucknow Expressway and Yamuna Expressway. The Industrial and the Defence Corridor proposed by the state government alongside the expressway will further add to the industrial and economic activities along the route.
📅Published on:
13 September 2019
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