Infra building majors vie to bag ₹5,000-cr road project
As many as 16 construction companies have shown a keen interest to build the ₹5,000 crore elevated road corridor wherein the first phase of the project involves constructing a 22-km corridor in Karnataka. Managing director, KRDC, BS Shivakumar said that the tender document for Hebbal (Baptist Hospital) - Hosur Road (Central Silk Board) stretch floated by the KRDC indicates that the corporation is expecting participation of even mid-sized construction companies. The companies that participated in the pre-bidding meeting include AFCONS Infrastructure, JMC Projects, Nagarjuna Construction Company, IRCON International, Gaman Engineers and Contractors, Ashok Buildcon and Simplex Infrastructure; some of these companies are already constructing the Metro projects in Bengaluru. Each of the three packages of the 22-km project is estimated to cost ₹1,200 crore to ₹1,800 crore. The first phase is part of the 98-km elevated corridor, proposed on six high-density corridors as a solution for the growing traffic in the city.
📅Published on:
07 June 2019
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