Government to fund EPE project.

After failing to get private players to build the eastern peripheral expressway (EPE) on toll mode in the past six years, the government is now set to fund the project. To push widening of the Gurgaon-Jaipur highway stretch, bankers have been asked to submit their plan to replace the present developer before the August 23 deadline.

These were two of the delayed projects discussed at a high level meeting recently, where officials from NHAI and road ministry were present.

Sources said the road ministry will soon move a proposal on the public funding of EPE for government approval. The 135 km expressway project connecting Palwal (NH-2), Ghaziabad (NH-24) and Kundli (NH-1) would cost government about Rs. 4,500 crore.


TOI