The Bangalore based GMR Infrastructure in consortium with NAPC has bagged an order worth Rs 1,100 crore for Phase I of Outer Ring Road (ORR) in Chennai, Tamil Nadu.

The GMR conglomerate is expected to develop the 30 km four-lane highway with a large median on DBFOT basis. The total length of the ORR is 62 km with work on Phase I to be taken up by early 2010.

The proposed contract is for 30 years on an annuity basis. Apart from a three-year period for construction, GMR-NAPC will handle the operation and maintenance for 27 years. The payment is expected to be on a semi-annual, annuity basis. The project is slated to be completed by 2012.

To facilitate the construction of the project, the Tamil Nadu Government has provided Rs 300 crore support fund to be paid during the construction phase. Land acquisition has been completed for Phase I that links Vandalur and Nemilicherry on NH 205.

The ORR is to start at Vandalur, about 30 km south of Chennai on NH 45. The road is likely to circle the western fringes of the city connecting NH 4 (that heads West and goes on up to Mumbai), NH 5 (the link to Andhra Pradesh), and NH 205 (to Kolkata). The ORR is likely to touch Minjur on Tiruvottriyur-Ponneri-Panjetty Road on the northern fringe of Chennai.

GMR holds a 90 per cent stake in the consortium while the remaining is with NAPC.

Also See:

GMR lowest bidder for Outer Ring Road project (20-Jun-09)

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