It is learnt that Lanco Infratech has
successfully won the bid for four laning of 79.7 km Bangalore-Hoskote-Mudbagal
road on BOT basis under NHDP Phase III A. This is the first BOT project in the
highway sector for Lanco.
The scope of work includes design,
engineering, construction, development, finance, operation, maintenance and
tolling of Bangalore-Hoskote-Mudbagal section road from KM 237.7 to KM 318 of
NH4 for Karnataka.
The project is estimated to cost
around Rs.565 crore. Lanco quoted with a positive grant of Rs.194.94 crore,
Reliance quoted Rs.199 crore. Other competitors for the project included Gammon
India and Soma Enterprises.
Related Links:
Project
profile