6 days ago
Bengaluru’s First Toll Flyover Gets 32-Year Collection Cap
Bengaluru plans to build its first flyover where drivers would pay a toll.
The flyover would connect Yeshwanthpur with KR Puram.
It would cover about 28 kilometers.
The route would pass several areas, including IISc, Mekhri Circle, Ulsoor Lake, and Old Madras Road.
The project is expected to cost Rs 3,536 crore.
A private company would build, own, and operate it under the proposed BOOT model.
The company could collect tolls for no more than 32-and-a-half years.
Construction is supposed to be completed within 30 months.
Tenders have been invited for Bengaluru’s first toll flyover.
The proposed corridor will connect Yeshwanthpur and KR Puram across 28 km.
Toll collection will be capped at 11,863 days, or 32-and-a-half years.
The project is estimated to cost Rs 3,536 crore.
The corridor will use a BOOT toll model and has a 30-month construction deadline.
- Who
- Bengaluru Smart Infrastructure Ltd invited the tenders.
- What
- A 28-km elevated toll corridor is proposed between Yeshwanthpur and KR Puram.
- Where
- The corridor would run from Mathikere Cross in Yeshwanthpur to near KR Puram via several central Bengaluru locations and Old Madras Road.
- When
- The tender was invited on August 24; construction is expected to take 30 months.
- Why
- The project is proposed to develop the corridor under a Build-Own-Operate-Transfer toll model.
Key facts
- Project
- Yeshwanthpur–KR Puram elevated corridor
- Length
- 28 km
- Estimated cost
- Rs 3,536 crore
- Maximum toll period
- 32-and-a-half years, or 11,863 days
- Construction deadline
- 30 months
- Project model
- Build-Own-Operate-Transfer (BOOT) toll model
- Tendering agency
- Bengaluru Smart Infrastructure Ltd
Sources
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