KRDCL – Hungund-Muddebihal-Talikot Road Upgrade – Karnataka - Project Profile
"KRDCL – Hungund-Muddebihal-Talikot Road Upgrade – Karnataka - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Karnataka Road Development Corporation Ltd (KRDCL) is planning to undertake highway improvements to the road sections from Hungund to Talikot via Muddebihal in Karnataka, India.
The project involves the upgrade of 56.82km road section between Hungund to Talikot via Muddebihal. It includes upgrade of intersections, service roads and bridges, and the installation of signals and safety systems.
The project is planned to be implemented through public-private partnership (PPP) mode on design, build, finance, operate, maintenance and transfer (DBFOMT) annuity basis.
KRDCL has adopted two stage processes for the selection of concessionaire for the award of contract.
The first stage called "Qualification stage" includes the qualification of interested parties or joint ventures. At the end of the qualification stage, qualified applicants are invited to submit financial proposals, based on which a selected bidder will be appointed.
On March 3, 2014, KRDCL issued request for qualification (RFQ) with a submission deadline of May 13, 2014.
The following qualified applicants namely, IVRCL Ltd, Vishvaraj Infrastructure Ltd, BVSR Constructions Pvt Ltd, GMR Infrastructure Ltd, L&T Infrastructure Development Projects Ltd, Ashoka Buildcon Ltd, Sadbhav Engineering Ltd, KMC Constructions Ltd, Patel Engineering Ltd, KNR Constructions Ltd, Dilip Buildcon Ltd, Rohan Rajdeep Tollways Ltd, BSCPL Infrastructure Ltd, ESSEL Infraprojects Ltd, ILFS Transportation Networks Ltd and RNS Infrastructure Ltd, have been invited to submit the request for proposal (RFP) documents by June 17, 2015.
On September 14, 2015, DBFOMT was awarded to Ashoka Buildcon Ltd.
Construction works commenced and are underway.
The project involves the upgrade of 56.82km state road section between Hungund to Talikot via Muddebihal in Karnataka, India.
The US$31 million project includes the following:
1. Upgrade of roads
2. Construction of a toll plaza
3. Construction of pedestrian walkways
4. Construction of intersections
5. Installation of signaling and safety systemsReasons To Buy