• Source:JND
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Bengaluru News: The Bruhat Bengaluru Mahanagara Palike (BBMP) announced that they are planning a 40-km underground tunnel road to tackle the issue of infamous traffic jams in Bengaluru. The BBMP stated that it has already completed the Detailed Project Report (DPR) for the ambitious infrastructure project. It also assured that the project will provide relief to the commuters who travel on a daily basis for work purposes.

Providing details, the BBMP stated that the project will feature two major corridors. While an 18-km North-South tunnel will connect the Hebbal flyover to the Silk Board junction, a 22-km East-West tunnel will be linking KR Puram to Mysore Road. The project promises to address the traffic congestion issue on some of the busiest routes of Bengaluru, Times Now reported, citing several reports. The feasibility study indicates that a single-tube tunnel will be more economical compared to a twin-tube tunnel.

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The BBMP stated that the authority intends to secure a loan of Rs 19,000 crore from the open market for this mega project. They further informed that the state government has agreed to serve as a guarantor for the loan for this project.

They also confirmed that private investment will be utilised for the construction of a portion of the tunnel. Part of the loan will also be allocated to fund a different underground link from KR Puram to Nayandahalli if the initial plan gets success.

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The whole project is divided into two stages; the north-south corridor is projected to cost Rs 16,500 crore, not including the charges for land acquisition. While the BBMP is set to invest Rs 6,500 crore, the remaining amount will be funded by private firms.

The BBMP stated that the second stage consists of a 28-km underground road from KR Puram to Nayandahalli. The estimated cost of this project is Rs 25,000 crore; however, work on this project has not yet commenced.

 

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