IDFC set to be the new concessionaire of Delhi-Gurgaon Expressway
IDFC Ltd is apparently set for a formal takeover of the Delhi-Gurgaon Expressway; with all the pre-requisites required for the imminent move having seemingly been put in place.
In order to facilitate IDFC in formally taking over the Delhi-Gurgaon Expressway, a meeting is scheduled to take place – on Tuesday – between senior officials of the National Highway Authority of India (NHAI) and the IDFC, which will be the new concessionaire of the expressway.
The venue for the meeting between the NHAI senior officials and IDFC is the NHAI’s New Delhi headquarters. The meeting has been scheduled in compliance with a May 12 directive by the Delhi High Court.
Other than the senior officials of the NHAI and the IDFC officials, the meeting will also be attended by the Gurgaon traffic police as well as the Municipal Corporation of Gurgaon.
Going by the details shared by an unidentified official about the formal takeover of the Delhi-Gurgaon Expressway by IDFC, the new concessionaire has agreed in principle to abide by all the conditions laid out clearly in the Memorandum of Understanding which was signed in September 2012.
About the scheduled meeting between the officials of NHAI and IDFC, the official said: “The meeting is meant to bring all stakeholders on board to take their suggestions regarding traffic movement among other things.”
Source: The Times of India
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