Uttar Pradesh government has approved the tenders for the two ambitious expressway projects – the Bundelkhand expressway linking Bundelkhand with Delhi via the Lucknow –Agra expressway and Gorakhpur link expressway linking the eastern UP with the national capital via a Lucknow Agra expressway.
The lowest bid for the Bundelkhand expressway project was found to be 12.72 percent less than the cost estimated by the UP Expressways Industrial Development Authority which resulted in net saving of Rs 1,131,74 crore for the authority.
The Gorakhpur link expressway project price quoted by the lowest bidder is 3.12 percent less than the cost estimated by the UPEIDA, resulting in saving of Rs 97,44 crore.
The total saving in both the projects is Rs 1,229 crore.