BDA likely to invite tenders for Peripheral Ring Road in a week
The Bangalore Development Authority (BDA) will likely invite tenders for the 73-km Peripheral Ring Road (PRR) in a week’s time.
On Monday, the Urban Development Department cleared the proposal after reviewing the tender conditions but did not disclose the decisions taken on contentious issues, including the compensation to be paid to landlosers. The project has also come in for criticism over the proposal to collect toll for 50 years.
BDA Chairman S R Vishwanath said the final decision on the compensation structure would be taken at the pre-bid meeting with the interested companies. “If we pay the compensation based on the guidance value, we’ll need around Rs 5,000 crore. But if we pay according to the (2013) act, we will need double that money,” he told DH.
