Mumbai : After the inauguration of Prestigious Six Lane Greenfield Ganga Expressway on 29th April 2026, the Project SPV of IRB Infrastructure Trust, Meerut Budaun Expressway Limited, is set to start operations on the expressway and will be commencing the Trial Run Traffic Operations on the Ganga Expressway Gr.1 – Meerut Budaun Corridor, from tomorrow, i.e., on 30th April 2026 and Tolling on the Corridor will commence soon.

Commenting on the development, Mr. Virendra D. Mhaiskar, Chairman and Managing Director of IRB Group said, “We are honoured by the inauguration of this prestigious Expressway by Hon’ble Prime Minister Shri Narendra Modiji. It is a matter of immense pride for IRB Group to have contributed to this iconic, complex and pathbreaking Greenfield Expressway project – featuring a kilometer-long bridge on the river Ganga and multiple other structures – completed in record time.” He added, “The corridor is set to significantly enhance regional connectivity and drive economic growth while enabling more efficient travel through reduced time, cost and environmental impact. We will be commencing Trial Runs of the Traffic from tomorrow and the Tolling will start soon. We remain committed to delivering world-class user experience. With this milestone, our investment in Uttar Pradesh’s Highway sector has reached approx. ₹25,000 crore, and we remain strongly committed to further investments in the state as opportunities arise. We extend our sincere gratitude to all stakeholders for their continued trust and support.”

Salient Features of Meerut – Budaun (Ganga Expressway Group 1) Corridor

  • Project Length: 129.7 Kms – 6 Lane Greenfield Expressway
  • Project Cost: Rs.6,538Crs
  • Viable Gap Funding: Rs.1,746Crs
  • Project Financing from Consortium of Lenders: Rs.2,659Crs
  • Equity by IRB Infrastructure Trust: Rs.2,133Crs 
  • Concession Period: 30 Years (Extendable to 36 Years)
  • Out of 12 Districts on the Ganga Expressway’s 594Kms alignment, Group 1 Meerut Budaun corridor traverses through 6 Districts of Uttar Pradesh, Viz., Meerut, Hapur, Bulandshahar, Amroha, Sambhal and Budaun 
  • Easy access for Northern States, Punjab, Haryana and Delhi through Meerut, the starting point of Ganga Expressway, via Delhi – Meerut Expressway, Eastern Peripheral Expressway
  • Fastest Road Connectivity between National Capital Region (NCR) and Eastern Uttar Pradesh and Bihar onwards; reducing travel time by almost 50%, further resulting into higher fuel and energy efficiency and savings with reduction in pollution levels
  • Game Changer for proposed Industrial Corridors across the Project Stretch
  • Improved logistics and trade for Agriculture and Industrial Sectors of Punjab and Haryana 
  • De-congestion of National Capital Region (NCR), Delhi
  • Promote Religious Tourism due to connectivity to Pilgrimage places like Varanasi, Prayagraj
  • Major Structures include 1 Km long Ganga River Bridge along with 9 Major Flyovers, 5 Major Bridges, 5 Interchange Flyovers, 14 Minor Bridges and 90 Vehicular Underpasses

To reiterate,

  • Project was bagged by IRB Infrastructure Developers Ltd and subsequently transferred to Pvt InvIT sponsored by the company – IRB Infrastructure Trust, as planned
  • The Project SPV signed Concession Agreement with UPEIDA in June 2021
  • With commissioning of this Project, all Projects in Trust’s portfolio are Revenue Generating
  • IRB Group has invested a total of approx. Rs.25,000Crs across 5 Highways in Uttar Pradesh comprising 3 BOT and 2 TOT Projects – all of which are now operational. Beside Ganga Expressway, the list includes Agra-Etawah BOT Project, Hapur-Moradabad BOT Project, Lucknow-Ayodhya-Gorakhpur TOT Project, Lucknow Sultanpur TOT Project