The Noida Toll Bridge Company Ltd. (NTBCL), incorporated in
1996, has been promoted by Infrastructure Leasing and Financial
Services Ltd. (IL&FS) and New Okhla Industrial Development
Authority (NOIDA), as a special purpose vehicle (SPV) to develop,
construct, operate and maintain the DND Flyway on a Build
Own Operate Transfer (BOOT) basis. The DND Flyway connects
Delhi with Noida/Greater Noida.
The project has been supported by Indian and international
engineers, contractors, operators and investors. The Project is an
outcome of innovative technical and financial engineering,
has been built with due care for environmental concerns.
The Citizens Committee was formed to oversee the requisite
environmental safeguards during construction - a feature noted by
the World Bank as being the first of its kind in the world.
The project was commissioned on February 7, 2001, 4
months ahead of schedule and broadly within the budgeted project
cost of Rs. 4.08 billion