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.

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

NBCC Wins Rs 550m IOB Office Project In Raipur

State-owned construction major NBCC India Ltd has secured a new domestic work order worth around Rs 550.2 million from Indian Overseas Bank (IOB) in the normal course of business, according to a regulatory filing. The project involves planning, designing, execution and handover of IOB’s new Regional Office building at Raipur. The contract has been awarded under NBCC’s project management consultancy (PMC) operations and excludes GST. NBCC said the order further strengthens its construction and infrastructure portfolio. The company clarified that the contract is not a related party transac..

Next Story
Infrastructure Urban

Krystal Wins Rs 2.75bn Vasai–Virar Waste Deals

Krystal Integrated Services Ltd has secured three major municipal solid waste management contracts from the Vasai–Virar City Municipal Corporation (VVCMC) valued at around Rs 2.75 billion. The contracts will run for five years, along with a three-month preparatory phase. The mandates cover end-to-end sanitation services in compliance with the Solid Waste Management Rules, 2016. Krystal will undertake door-to-door waste collection, segregation and transportation, street sweeping and cleaning of public areas across residential, commercial, institutional and notified zones in the three wards. ..

Next Story
Infrastructure Energy

Salasar Bags Rs 687m GIS Substation In Puducherry

Salasar Techno Engineering has secured a Rs 686.7 million Gas Insulated Substation (GIS) project from Power Grid Corporation of India for the Puducherry Electricity Department (PED). Awarded in December 2025, the contract covers design, engineering, supply, erection, testing and commissioning of a 110/22 kV GIS substation at Lawspet, Puducherry. The project is aimed at strengthening regional power distribution, improving grid reliability and supporting future demand arising from urban and economic expansion. Shashank Agarwal, Managing Director of Salasar Techno Engineering, said the order ma..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App