Creating a Concrete Connect

Infrastructure Transport

National Highways Authority of India (NHAI) had awarded the work of “Four laning of Meerut- Bulandshahr Section of NH-235 from 8.800 km to 73.512 km (Design Chainage in the State of Uttar Pradesh under NHDP Phase IV on Hybrid Annuity Model), for a concession period of 17.5 years including a construction period of 910 days, i.e., two and a half years, and operation and maintenance period of 15 years to Freedom Point Expressways as concessionaire. Apco Infratech, who was the lowest bidder, had incorporated a SPV – Freedom Point Expressways (FEPL) – as the “concessionaire” for development of the project highway.

“FEPL had entered into a concession agreement