CON­NECT­ING MILES

The Ya­muna Ex­press­way cor­ri­dor is bound to have a huge im­pact on the eco­nomic and in­dus­trial growth not only in Ut­tar Pradesh but also the ad­join­ing states

HT Estates - - Front Page -

Akhilesh Ya­dav and thrown open to the pub­lic. The to­tal pro­ject cost is ap­prox­i­mately crores. Ya­muna ex­press­way was con­structed on built, op­er­ate and trans­fer (BOT) model. As per con­ces­sion agree­ment with JP In­frat­ech P Ltd, YEIDA had to give five land parcels of 500 hectares each at five dif­fer­ent places such as Noida, Mirza­pur, Ja­gan­pur, Tap­pal (Ali­garh) and Agra, to­talling 2500 hectares. Be­sides, JP In­frat­ech has also got right to col­lect the toll for 36 years.Once the con­ces­sion pe­riod ex­pires, it will hand over the ex­press­way to the YEIDA. Ut­tar Pradesh govern­ment - un­der Ut­tar Pradesh Ex­press­way (Levy of Tolls and fix­ing of Fees and re­al­i­sa­tion there of) Rules, 2010 – has power to fix the toll limit to be col­lected from the com­muters and Jaypee can’t ex­ceed that. Ya­muna Ex­press­way area is strate­gi­cally con­nected with a num­ber of ex­press­ways pro­posed or un­der con­struc­tion in NCR such as Eastern Pe­riph­eral Ex­press­way and Khurja-Pal­wal Ex­press­way. The Ya­muna Ex­press­way cor­ri­dor is bound to have huge im­pact on the eco­nomic and in­dus­trial growth not only of Ut­tar Pradesh but ad­join­ing states such as Ra­jasthan, Mad­hya Pradesh and Haryana in the com­ing years.

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