+
Pune civic body estimates Rs 150 cr cost for concrete roads, bridges
ECONOMY & POLICY

Pune civic body estimates Rs 150 cr cost for concrete roads, bridges

The Pune Municipal Corporation (PMC) has estimated a value of Rs 150 crore for eight cement concrete (CC) roads and one riverside bridge under the Public-Private Partnership (PPP) mode.

It is one of the most discussed development projects in budget 2021-22 on the Covid-19 crisis of the PCM. Because of the Covid-19 pandemic, PMC is facing a financial issue for development work. To ease the financial burden, PMC's commissioner, Vikram Kumar, introduced a development model to get help from the private players.

In the 2021-22 budget, Kumar reintroduced the concept and declared to develop 11 roads and two bridges within three years. After the standing committee budget, another eight roads were added to the PPP development concept.

Under the PPP model, private bodies such as contractors, builders and developers will spend money, and PMC will give credit notes which private bodies can use in building construction activities like; to pay the development cost, premium charges, and also transfer credit to developers.

The PMC has estimated the development cost of eight roads and one riverside bridge. The estimate committee has approved the estimated cost of Rs 150 crore. It contains eight CC roads in the Kharadi area and Bundgarden (Koregaon Park) to Mundhwa parallel to the right bank of the Mula-Mutha river and the Northern main road of Koregaon.

The executive engineer of the road department, Amar Shinde, told the media that after getting approval from the estimate committee, the road department would invite a bid to know how builders and developers respond to work. He also said that the estimated cost of the eight CC roads is Rs 123 crore, and the road department has calculated an estimate of Rs 27 crore for the bridge.

Image Source


Also read: Pune Municipal Corporation joins 23 merged villages with ward offices

Also read: Pune is now a city with the largest geographical area in India

The Pune Municipal Corporation (PMC) has estimated a value of Rs 150 crore for eight cement concrete (CC) roads and one riverside bridge under the Public-Private Partnership (PPP) mode. It is one of the most discussed development projects in budget 2021-22 on the Covid-19 crisis of the PCM. Because of the Covid-19 pandemic, PMC is facing a financial issue for development work. To ease the financial burden, PMC's commissioner, Vikram Kumar, introduced a development model to get help from the private players. In the 2021-22 budget, Kumar reintroduced the concept and declared to develop 11 roads and two bridges within three years. After the standing committee budget, another eight roads were added to the PPP development concept. Under the PPP model, private bodies such as contractors, builders and developers will spend money, and PMC will give credit notes which private bodies can use in building construction activities like; to pay the development cost, premium charges, and also transfer credit to developers. The PMC has estimated the development cost of eight roads and one riverside bridge. The estimate committee has approved the estimated cost of Rs 150 crore. It contains eight CC roads in the Kharadi area and Bundgarden (Koregaon Park) to Mundhwa parallel to the right bank of the Mula-Mutha river and the Northern main road of Koregaon. The executive engineer of the road department, Amar Shinde, told the media that after getting approval from the estimate committee, the road department would invite a bid to know how builders and developers respond to work. He also said that the estimated cost of the eight CC roads is Rs 123 crore, and the road department has calculated an estimate of Rs 27 crore for the bridge. Image Source Also read: Pune Municipal Corporation joins 23 merged villages with ward offices Also read: Pune is now a city with the largest geographical area in India

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code