The outer ring road Metro line seems to be back on track as the BMRCL has invited bids for the second time with the tender documents indicating that the civil work may be completed by the end of 2022.
The works on the 18.5-km metro line from Silk Board Junction to KR Puram have been divided into two packages and include constructing viaduct and stations, widening the road and shifting utilities.
The first package comprises the construction of 9.85 kilometres of the metro line and six stations from Silk Board Junction to Kadubeesanahalli. The contractor also has to construct loops and ramps of the 2.84-km road flyover at the Silk Board Junction. The contract, valued at Rs 731.18 crore, will have a deadline of 27 months.
The deadline for package 2, from Kadubeesanahalli to KR Puram, is the same. The 9.74-km line includes a 1.09-km link line to the Baiyappanahalli depot. The cost is estimated at Rs 594.25 crore.
The last date for submitting the bids is February 2020. Provided that the BMRCL awards the contract in mid-2020 and clears all hurdles related to land acquisition and the shifting of utilities, the civil work should be completed by the end of 2022.
Passengers can expect operations on the ORR line only in 2023.
In February 2018, the BMRCL had called bids for the metro line by dividing works into three packages at a total estimated cost of Rs 1,229.95 crore. The tenders were, however, cancelled later that year as the financial support for the project was still pending.
The latest invitation of bids, with the escalation of the estimated cost by Rs 95.48 crore, has come at a time when India has applied for the financing of the project from the Asian Development Bank, a part of which will be utilised for payments for the ORR line.
Approved finance plan
In January 2019, the state government approved the escalation in the cost of the ORR line from Rs 4,202 crore to Rs 5,994.90 crore.
According to the approved financial plan, the state government will contribute Rs 1,819.1 crore while the Centre will provide Rs 1,043.9 crore. Rs 500 crore will be raised under the innovative finance model and about 44% of the cost (Rs 2,631.8 crore) will be raised through loans.
Source : Deccan Herald0