What is the latest status of the project “Moradabad Bareilly Expressway Limited”?

The status recorded for “Moradabad Bareilly Expressway Limited” is Active.

Who are the main government, EPC, and private stakeholders for “Moradabad Bareilly Expressway Limited”?

Taiyo maps the stakeholders of “Moradabad Bareilly Expressway Limited”: government bodies (World Bank Group), EPCs/contractors (Infrastructure Leasing & Financial Services (IL&FS)).

What is the budget and commercial profile for the project “Moradabad Bareilly Expressway Limited”?

Taiyo normalizes the budget of “Moradabad Bareilly Expressway Limited” to USD 434000000.

Where can I verify the source and access all details for “Moradabad Bareilly Expressway Limited”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/moradabad-bareilly-expressway-limited-5696). Taiyo standardizes official data into a consistent, searchable project profile.

Moradabad Bareilly Expressway Limited

Sector: Road • Location: India

Source: World Bank Group

Project

Active

Moradabad Bareilly Expressway Limited was a company created to implement the four-laning of the existing 121 km two lane stretch from Moradabad to Bareilly NH-24 in Uttar Pradesh. NH 24 connects Lucknow to New Delhi via Shahjahanpur, Bareilly, Rampur, Moradabad and Ghaziabad. The project was granted by the NHAI to IL&FS Transportation Networks Limited, an IL&FS group company, on DBFOT Toll fee pro

Status: Prospective
Sector: Road, Commercial, Government
Location: India
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

5 Q

The project “Moradabad Bareilly Expressway Limited” is an infrastructure initiative in the Road sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency
Company

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Moradabad Bareilly Expressway Limited was a company created to implement the four-laning of the existing 121 km two lane stretch from Moradabad to Bareilly NH-24 in Uttar Pradesh. NH 24 connects Lucknow to New Delhi via Shahjahanpur, Bareilly, Rampur, Moradabad and Ghaziabad. The project was granted by the NHAI to IL&FS Transportation Networks Limited, an IL&FS group company, on DBFOT Toll fee project basis. The total project cost was estimated INRs 1,9.84 billion (US$ 434 million). The project reached financial closure in March 2010. The Project cost is financed in a debt: equity ratio of 2: 1 with Rs 1,319 cr being raised as Senior Debt and the balance amount of Rs 665 cr will be infused as a combination of promoter contribution and NHAI Grant. The senior debt loan facility has been syndicated on a project recourse basis with a consortium of four banks led by BOB. The total door-to-door tenure for the loan is 14 years. The Project was scheduled to achieve commercial operations by February 2013.
Original sector	Transport
Budget

Location

Country

India

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Road, Commercial, Government
Article published date	2024-09-22

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