Bangalore Elevated Tollway Project inaugurated
The Consortium of Soma Enterprise Ltd., Nagarjuna Construction Company Ltd. (NCC) and Maytas Infra Ltd. has completed the much awaited Bangalore Elevated Tollway Project on Bangalore-Hosur Section of NH-7. Bangalore Elevated Tollway Limited (Consortium of Soma, NCC, Maytas) has taken up the challenging task of construction of Elevated Expressway on Bangalore – Hosur section of NH-7 from Silk Board junction (KM 8+765) to Electronic City Junction (KM 18+750) on Built Operate and Transfer (BOT) basis for the National Highways Authority of India. Soma is the Lead Technical Member, NCC is the Lead Financial Member and Maytas is the Member of the Consortium.
This is one of the most elegant Expressways being built in the shortest possible time in the country today. The 9.985 km long (from km 8.765 to km 18.750) 4 lane, 2 way elevated highway between Silk Board Junction and Electronic City Junction has been built with an investment of Rs7650 million. Bangalore Elevated Tollway Limited (BETL), a special purpose vehicle formed by the consortium has built the project on Build, Operate and Transfer (BOT) basis for the National Highways Authority of India (NHAI).
Speaking on the occasion, Mr. Ankineedu Maganti, CEO and Director, Soma Enterprise Ltd. said, “We are delighted to announce the completion of the much awaited Bangalore Elevated Expressway, which will alleviate traffic congestion and save fuel cost. Commuting between Silk Board Junction and Electronic City will now be signal-free and take just ten minutes.”
Mr. NR Alluri, Director, Nagarjuna Construction Company said that NCC is proud to be associated to complete the most elegant Expressway Project in this IT Capital of India. We are also happy to be a partner in the Consortium in executing the project, he added. Mr. Alluri further said that NCC’s vision is to build a strong infrastructure foundation which will lend total support to the Indian economy.
The travel time on this stretch from Silk Board Junction to Electronic City used to take more than one and half hours during peak hours. The numerous industries located on either side of the highway and Electronic City are very important for the economy of the State of Karnataka as well as of the nation.
Apart from utilizing the state-of-the-art segmental Construction Technique, special attention was devoted to aesthetic and visual integration of various structural elements.
BETL has also developed the 6-lanes divided main carriageways with RCC Storm Water Drain, 8 Pedestrian Underpasses and 16 Bus bays and shelters. Also a 4-lane Flyover at Bommasandra (Km 21.170 to Km 22.000) and 6-lane Flyovers at Chandapura (Km 23.720 to Km 24.600) and Attibele (Km 31.690 to Km 32.400) to ensure the regular highway traffic along the stretch is also eased.
The Consortium will operate and maintain the roads in the stretch between Silk Board Junction and Inter State Border for the next 18 years.