Adani Tops Bids For Bengaluru Underground Tunnel Road
ROADS & HIGHWAYS

Adani Tops Bids For Bengaluru Underground Tunnel Road

The Adani Group has emerged as the lowest financial bidder for both packages of Bengaluru’s proposed 16.75 km North–South underground tunnel road, according to reports.

Financial bids were opened by Bengaluru Smart Infrastructure Ltd (B-SMILE), the special purpose vehicle overseeing the project. Adani’s bids were significantly higher than the government’s initial estimates—around 24 per cent above projections for the first package and nearly 28 per cent higher for the second.

While the state government had estimated the total project cost at Rs 176.98 billion, Adani’s combined bid stands at approximately Rs 222.67 billion. The wide gap is expected to prompt the government to place the matter before the Karnataka Cabinet to determine the next course of action.

The tunnel road is proposed under the build-operate-transfer model, under which the government will fund 40 per cent of the project cost, with the remaining investment to be mobilised by the private concessionaire.

Four infrastructure companies had initially submitted bids for the project. However, only two—Adani Group and Hyderabad-based Vishwa Samudra Engineering Ltd—cleared the technical evaluation stage to reach the financial round. Dilip Buildcon was disqualified due to a tender condition barring firms linked to the collapse of major structures, while Rail Vikas Nigam Ltd exited after its joint venture partner failed to meet eligibility requirements. With Vishwa Samudra finishing second, Adani emerged as the lowest bidder.

The development marks a key milestone for the high-profile tunnel road, which has sparked intense political and civic debate. Several BJP leaders have opposed the project, particularly the proposed alignment that requires land from the historic Lalbagh Botanical Garden.

Urban mobility experts have also raised concerns that the underground corridor could overlap with and potentially undermine Metro Phase 3A, which runs close to the proposed tunnel route.

The tunnel road is a flagship initiative of the Congress-led Karnataka government and a key proposal of Deputy Chief Minister D K Shivakumar, who has argued that underground corridors are necessary to address Bengaluru’s immediate traffic congestion.

Critics, however, contend that car-centric infrastructure could divert resources away from mass public transport and induce higher traffic volumes over the long term.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Adani Group has emerged as the lowest financial bidder for both packages of Bengaluru’s proposed 16.75 km North–South underground tunnel road, according to reports. Financial bids were opened by Bengaluru Smart Infrastructure Ltd (B-SMILE), the special purpose vehicle overseeing the project. Adani’s bids were significantly higher than the government’s initial estimates—around 24 per cent above projections for the first package and nearly 28 per cent higher for the second. While the state government had estimated the total project cost at Rs 176.98 billion, Adani’s combined bid stands at approximately Rs 222.67 billion. The wide gap is expected to prompt the government to place the matter before the Karnataka Cabinet to determine the next course of action. The tunnel road is proposed under the build-operate-transfer model, under which the government will fund 40 per cent of the project cost, with the remaining investment to be mobilised by the private concessionaire. Four infrastructure companies had initially submitted bids for the project. However, only two—Adani Group and Hyderabad-based Vishwa Samudra Engineering Ltd—cleared the technical evaluation stage to reach the financial round. Dilip Buildcon was disqualified due to a tender condition barring firms linked to the collapse of major structures, while Rail Vikas Nigam Ltd exited after its joint venture partner failed to meet eligibility requirements. With Vishwa Samudra finishing second, Adani emerged as the lowest bidder. The development marks a key milestone for the high-profile tunnel road, which has sparked intense political and civic debate. Several BJP leaders have opposed the project, particularly the proposed alignment that requires land from the historic Lalbagh Botanical Garden. Urban mobility experts have also raised concerns that the underground corridor could overlap with and potentially undermine Metro Phase 3A, which runs close to the proposed tunnel route. The tunnel road is a flagship initiative of the Congress-led Karnataka government and a key proposal of Deputy Chief Minister D K Shivakumar, who has argued that underground corridors are necessary to address Bengaluru’s immediate traffic congestion. Critics, however, contend that car-centric infrastructure could divert resources away from mass public transport and induce higher traffic volumes over the long term.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement