Cabinet Approves Double-Decker Elevated Road-Metro Project in Bengaluru

IO_AdminAfrica4 days ago10 Views

Quick Summary

  • Cabinet Approval for Elevated Road Project: Karnataka Cabinet approved construction of a 37.12 km double-decker elevated road across two corridors: J.P. Nagar 4th phase to Hebbal (Corridor 1) and Hosahalli to Kadabagere (Corridor 2). Estimated cost: ₹9,700 crore.
  • Funding Structure: Split as follows:

– State Government: ₹3,880 crore (40%).
– Urban Local body: ₹970 crore (10%).
– Loan component: ₹4,850 crore (50%).

  • Phase Details:

– Project is part of overall “Phase Three,” costing ₹15,611 crores covering a total of 44.65 km.
– Approved segment includes Corridor 1’s length of 28.48 km and Corridor 2’s length of 8.63 km.

  • Land Cost: Estimated at around ₹3,023 crore; Bengaluru Smart Infrastructure Limited has no source for loan repayment.
  • Metro Concerns Raised by CM Siddaramaiah:

Highlighted insufficient financial support from Centre during metro yellow Line launch event attended by PM Modi.

  • Other Key Approvals:

Six new Sewage Treatment Plants to be set up in Bengaluru at a cost of ₹956 crores; Kengeri STP’s capacity to increase from current MLDs onwards upgrades.
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