Bengaluru floats tender for 74 km peripheral ring road
ROADS & HIGHWAYS

Bengaluru floats tender for 74 km peripheral ring road

The Bangalore Development Authority (BDA) has floated a fresh tender for constructing the 74km Peripheral Ring Road (PRR).

On March 31, the authority invited tender bids for the PRR connecting Tumakuru Road and Hosur Road under a public-private partnership model. But before the pre-bidding meeting, BDA officials scrapped the tender invite citing technical glitches. Now for the second time, the tender has been floated, without altering the terms and conditions.

Eight companies, including from Israel and Europe, had participated in the first tender but none had clarity on the project and estimations. After the pre-bidding, they were in a dilemma about compensation and cost estimates.

The project will be based on a design, build, finance, operate and transfer model. Issues regarding land acquisition and revenue-sharing modules with private partners are yet to be decided.

According to BDA, 2,560 acres have to be acquired for the project. Farmers are demanding relief as per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. This will be a huge burden for the companies.

The Bangalore Development Authority (BDA) has floated a fresh tender for constructing the 74km Peripheral Ring Road (PRR). On March 31, the authority invited tender bids for the PRR connecting Tumakuru Road and Hosur Road under a public-private partnership model. But before the pre-bidding meeting, BDA officials scrapped the tender invite citing technical glitches. Now for the second time, the tender has been floated, without altering the terms and conditions. Eight companies, including from Israel and Europe, had participated in the first tender but none had clarity on the project and estimations. After the pre-bidding, they were in a dilemma about compensation and cost estimates. The project will be based on a design, build, finance, operate and transfer model. Issues regarding land acquisition and revenue-sharing modules with private partners are yet to be decided. According to BDA, 2,560 acres have to be acquired for the project. Farmers are demanding relief as per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. This will be a huge burden for the companies.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code