1 week ago
Bengaluru Plans 28-Km Tolled Elevated Corridor Under BOOT
Bengaluru wants to build a long road above existing roads to help cars move more easily.
The road would be 28 kilometres long.
It would connect Yeshwanthpur with Tin Factory Junction in KR Puram.
The project is expected to cost Rs 3,536.89 crore.
The government would pay 40 per cent of the cost to help make the project possible.
A private company would build and operate the road under a BOOT agreement.
Drivers would have to pay tolls, and the company could collect them for 30 years after the road opens.
Officials say the project could make travel smoother and reduce traffic on busy roads.
Bengaluru has invited tenders for a 28-km elevated corridor from Yeshwanthpur to Tin Factory Junction.
The project is estimated to cost Rs 3,536.89 crore and will follow the Build-Own-Operate-Transfer model.
The government will provide 40 per cent of the project cost as Viability Gap Funding.
The successful bidder may collect tolls for 30 years after completing the corridor.
The route is intended to reduce congestion and will pass through areas including IISc, Mekhri Circle and Ulsoor Lake.
- Who
- Bengaluru Smart Infrastructure Limited has invited tenders, while a successful private concessionaire would build, operate and maintain the corridor.
- What
- A 28-km elevated corridor and the city’s first planned tolled elevated road will connect Yeshwanthpur with Tin Factory Junction.
- Where
- The corridor would run from Mattikere Cross in Yeshwanthpur to Tin Factory Junction in KR Puram, passing through areas including IISc, Mekhri Circle, Jayamahal Road, St. John’s Church Road and Ulsoor Lake.
- When
- Tenders have been invited; the articles do not specify construction or completion dates.
- Why
- The project is intended to ease Bengaluru’s traffic congestion and address the city’s growing number of vehicles.
Key facts
- Length
- 28 km
- Estimated cost
- Rs 3,536.89 crore
- Project model
- Build-Own-Operate-Transfer (BOOT)
- Government support
- 40 per cent of the project cost through Viability Gap Funding
- Toll period
- Up to 30 years after project completion
- Starting point
- Yeshwanthpur, at Mattikere Cross
- Ending point
- Tin Factory Junction in KR Puram
Sources
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