CURRENT AFFAIRS

Detailed explanation-1: -So far, the UPEIDA (UP Expressway Industrial Development Authority) has acquired more than 7, 000 hectares of the estimated 7, 456 hectares necessary for the Meerut-Prayagraj Ganga Expressway. PM, Narendra Modi laid the foundation of the expressway in December 2021. It is expected to be commissioned by November 2025.

Detailed explanation-2: -Prime Minister Narendra Modi laid the foundation stone for the expressway on 18 December 2021. Apr 2022: Construction work started by Adani Enterprises in Binawar (Budaun) on 11 April. Jul 2022: 56% of clearing and grubbing work is complete. Jan 2023: 84% of clearing and grubbing, 10.25% of earthwork is complete.

Detailed explanation-3: -Adani Enterprises (AEL), which will build part of the Meerut-Prayagraj Ganga Expressway, has secured finances for the project nine months after winning the contract, it said on Thursday. The company has secured debt worth Rs 10, 238 crore and will make a capital infusion of Rs 6, 826 crore.

Detailed explanation-4: -Ganga Expressway – Information & Status Update Ganga Expressway’s foundation stone was laid by Prime Minister Modi in Shahjahanpur on December 18, 2021. The expressway is expected to be completed and opened in April 2024 (current deadline).