New Delhi: Prime Minister Narendra Modi dedicated two projects in Haryana today, including the inauguration of Western Peripheral Expressway (WPE), also known as the Kundli-Manesar-Palwal stretch.

He will also flagged off 3.2 km-long Escorts Mujesar-Ballabgarh section of Delhi Metro’s Violent Line.

Modi laid the foundation of the country’s first Sri Vishwakarma Skill Development University in Palwal district through remote control.

WATCH

 Western Peripheral Expressway | 10 Points

# The project was proposed in 2003 and was awarded to KMP Expressway Ltd, a special purpose vehicle (SPV) of DS Constructions, Madhucon Projects and Apollo Enterprises in 2005. The initial total cost of the project was Rs 1,915 crore.

# The project was awarded to KMP Expressways Ltd., a special purpose vehicle of DS Constructions, Madhucon Projects and Apollo Enterprises in 2005.

# After missing multiple deadlines, in June 2012, during a multi-party meeting between the Haryana government, Delhi government and the developer, a new deadline of May 2013 was decided.

# But due to a delay in construction, the HSIIDC decided to penalise the company in April 2012 following which the matter went to the courts. Eventually, the project was stalled.

# Later, the lenders led by IDBI bank served the concessionaire KMP Expressways with a substitution notice for its continued defaults in the performance of its financial and other obligations.

# As a result of this, the then Congress government in Haryana decided to terminate the contract and pay the KMP Expressways and the lenders a lump sum amount of Rs 1,300 crore as a termination payment.

# However, the project was revived in 2014 and it was also decided that the expressway will be upgraded to six-lanes and for the first time, on April 5 2016, the 53-km stretch between Manesar and Palwal was opened for public use.

#  Following that on 5 April, 2016, the 53-km stretch between Manesar and Palwal was opened for the public use.

# With a design speed of 120 kmph for light vehicles and 100 kmph for heavy ones, the Western Peripheral Expressway is finally opening on Monday, November 19.

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