16 companies interested in elevated corridor

Many construction firms appear to be interested in the elevated corridor project, which has run into controversy for not following the due process of approvals. At least 16 infrastructure companies, including L&T, Navayuga Engineering and ITD Cementation, have shown interest in the first phase of the project that involves constructing a 22-km stretch at an estimated to cost over Rs 5,000 crore.

Officials said representatives of several firms are visiting the office of the Karnataka Road Development Corporation (KRDCL) for pre-bid meetings to enquire about the project. In March, the corporation had floated bids for the construction of Hebbal (Baptist Hospital)- Hosur Road (Central Silk Board) stretch. The last date to submit bids is June 15.