New Delhi: Driving at 120 kmph from Delhi to Mumbai could be a dream for many. But the National Highways Authority of India (NHAI) is all decked up to make it a reality. It has proceeded to form a Special Purpose Vehicle (SPV) Company to finance the construction and operation of the Delhi-Mumbai Greenfield Expressway.
The proposed expressway is expected to be completed by March 2024. It will cover a distance of 1,275 km. It will be an 8-lane expressway which will also have a provision to expand it into a 12-lane expressway in future.
It will have a design speed of 120 kmph. The corridor will be completely access-controlled with a closed tolling.
The expressway will be under the purview of 28,000 km under Bharatmala Pariyojna Phase-1. Under this, Delhi-Mumbai Expressway will be one of the flagship highways corridors.
Moreover, 75-way side amenities are also planned on either side of the expressways. The amenities are planned at every 50 km on the expressway. The project has a capital cost of Rs 82,514 crores which includes land acquisition cost of Rs 20,928 crore.
The NHAI has decided to invest the full equity and proceed with the development. The decision has been taken considering the significance of the project.