GHMC fast tracks ₹834-cr flyovers in Hyderabad

The Greater Hyderabad Municipal Corporation (GHMC) has expedited construction of flyovers and grade separators under the Strategic Road Development Plan (SRDP). The companies, which have taken up the construction works, have pressed additional machinery with the least number of workers to avoid crowding at work sites to contain the spread of Coronavirus. The GHMC has increased the tempo of the SRDP works, the concerned state minister K T Rama Rao, said elaborating that construction work is in full swing round the clock at 11 places. So far, development work worth ₹356.47 crore has been completed out of the proposed ₹834.44 crore for the 11 SRDP works. The State government has instructed contractors to complete the remaining works worth ₹436.52 crore by June, 2020. In view of Covid-19, construction workers and supervisors are strictly following social distancing. It may be recalled that a whopping sum of ₹2,399 crore had been sanctioned for SRDP by the Telangana government and works amounting to ₹1,500 crore have been completed so far. To avoid a delay in bill payments to contractors, the State government has made available SBI bonds worth of ₹1,000 crore and another ₹2,500 crore under Rupee Term Loan (RTL) at the disposal of GHMC.