Published On:January 18 2014
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Delhi-Agra parallel highways to compete for traffic.
For the Jaypee Group, which built the 165-km expressway between Delhi and Agra, the news Reliance Infrastructure would rebuild the parallel national highway between the two cities came as a dampener.
Inaugurated in 2012, Yamuna Expressway is still struggling to make money. It will be competing with National Highway-2 to attract traffic. Jaypee had built the expressway for Rs. 13,000 crore, with a concession period of 36 years. But even before the project was inaugurated, the National Highways Authority of India (NHAI) awarded Reliance a project to upgrade the parallel highway to six lanes, at a cost of Rs. 1,900 crore.
Reliance has already started collecting toll on the highway; the project will be ready in the next two years. The 180-km Delhi-Agra highway is part of the ambitious golden quadrilateral project, connecting the four metros.