3 hours ago
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The long-pending Bengaluru Business Corridor (BBC), earlier known arsenic the Peripheral Ring Road (PRR), has moved an inch person with Bengaluru-based Shankaranarayana Constructions (SNC) receiving the Letter of Acceptance (LoA) for the project’s archetypal operation package.
The company emerged as the lowest bidder for the package, which covers a 21-km agelong between Madavara and Ballari Road.
BBC Chairman L.K. Atheeq said that the SNC has quoted 4.9% supra the estimated task outgo for the package, taking the worth to astir ₹3,500 crore, including maintenance.
At-grade and elevated
The package comprises a premix of at-grade and elevated infrastructure. The works see 3 cloverleaf interchanges, a people separator, 2 obstruction overbridges and astir 7.5 km of elevated corridor. The projected carriageway volition person 12 lanes, on with dedicated abstraction for utilities.
First projected successful 2007 arsenic a solution to increasing congestion connected Bengaluru’s peripheral roads, the corridor has faced repeated delays, largely due to onshore acquisition and backing challenges. The access-controlled roadworthy is expected to amended connectivity betwixt large highways entering the metropolis portion reducing unit connected existing arterial routes.
The SNC has antecedently executed a large chunk of the elevated metro corridor on the Outer Ring Road.
Three packages
To expedite execution, the archetypal signifier of the corridor, spanning 73.4 km, has been divided into 3 packages. While the archetypal bundle runs from Madavara to Ballari Road, the 2nd volition link Ballari Road and Old Madras Road, and the 3rd volition widen from Old Madras Road to Hosur Road.
While the BBC Ltd., a peculiar intent conveyance created for the project, has achieved important advancement successful onshore acquisition for bundle 1, starring to awarding of the declaration for civilian works, it continues to look stiff absorption to get lands for Package 2 and 3, delaying the progress.
The wide BBC task is presently estimated to outgo astir ₹27,000 crore, of which nearly ₹21,000 crore has been earmarked for onshore acquisition. The remaining expenditure volition spell towards civilian operation and associated infrastructure works. Funding for the task is projected done loans from the Housing and Urban Development Corporation Limited.
Once completed, the corridor volition dwell of 8 main carriageway lanes and four-lane work roads. Toll postulation is projected to beryllium undertaken by the BDA done a backstage contractor.
