Omaxe to invest Rs 2,700 cr to modernise 6 bus terminals in Uttar Pradesh

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Omaxe to invest Rs 2,700 cr to modernise 6 bus terminals in Uttar Pradesh - Business Standard

Quick Summary:

In a regulatory filing on Friday, Omaxe said that Uttar Pradesh State Road Transport Corporation (UPSRTC) has awarded it a contract to modernise six key bus terminals in the State Ghaziabad, Lucknow (Gomti Nagar), Prayagraj, Kaushambi, Ayodhya and Lucknow (Amausi) under public-private partnership (PPP) model.

Real estate firm Omaxe Ltd's subsidiary will invest Rs 2,700 crore to upgrade six bus terminals in Uttar Pradesh.

These projects aim to enhance public transport infrastructure in Uttar Pradesh while integrating state-of-the-art commercial spaces.