Narendra Modi inaugurates India’s first Hybrid 14 lane expressway
Delhi 28th May, 2018: Shri Narendra Modi, Honorable Prime Minister of India today inaugurated India’s first 14 lane Expressway – The Delhi-Meerut Expressway (Delhi Section) from Nizamuddin Bridge to UP border, proudly developed by NHAI and Welspun Enterprises Ltd. under Hybrid Annuity Model. Shri Nitin Gadkari - Honorable Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, Shri Mansukh L. Mandaviya - Honorable Union Minister of State for Road, Transport & Highways, Shipping and Chemical & Fertilizers, Shri Maheish Girri - Member of Parliament, Shri Rajendra Agrawal – Member of Parliament, Mr. B. K. Goenka – Chairman of Welspun Group and Mr. Sandeep Garg – MD & CEO, Welspun Enterprises Ltd. were also present on this milestone occasion.
Accompanyinghim, Shri Nitin Gadkari – Honorable Union Minister for Road Transport & Highways,Shipping and Water Resources, River Development & Ganga Rejuvenation said“Congratulations to NHAI and Welspun Group for completing the green andsustainable Delhi - Meerut Expressway in record time.
Welspun Group through itstechnological excellence has also been contributing to the nation’s growththrough its various businesses verticals and is proud to be associated withNHAI to develop various HAM projects.
Commentingon the occasion, Mr. B. K. Goenka – Chairman of Welspun Group said,“We congratulate the Honorable Prime Minister on completing 4 successful yearsat the Centre and sharing his vision to transform and connect India. We arethankful and proud to be associated with NHAI under the Hybrid AnnuityModel. Welspun Enterprises was the first Company to achieve the financialclosure for this expressway project. We are proud to contributethrough industry first initiatives like vertical gardens, cycling track, solarlighting and beautification of this stretch. The completion of this expresswayalong with NHAI strongly showcases our strength in Infrastructure and trulyresonates with our philosophy of ‘Leading Tomorrow Together’.”
WelspunEnterprises Ltd. developed the Delhi-Meerut Expressway (Package I) ina record time of 18 months as against the scheduled 30 months, setting a newbenchmark with operational efficiency and commitment. The stretch also featuresIndia’s first Cycling Track on both sides, Vertical Gardens, Solar panels forLighting, Drip water irrigation, replicas of prominent monuments like QutubMinar & Ashoka Stambh, Advanced Traffic Management Systems (ATMS), CCTV’sand plantation of new trees. The project consists of a six-lane expressway inthe centre, flanked by two four-lane highways on either side - making it14-lanes in total.
Designed fora speed up to 120 km/h, this expressway will substantially reduce the traveltime from 45 minutes to just 8 minutes. It will also help in reduce pollution,better fuel efficiency and enhanced quality of life of millions of people.
WelspunGroup, known for its various social initiatives, has played a key role inrehabilitating the slums on the highway. It also runs various social awarenessprograms with the local population in the areas of hygiene, women empowermentand education for children. It played a pivotal role in converting thisexpressway into a green belt with sustainable initiatives like drip waterirrigation, solar plant and landscape development.