Synopsis "KRDCL – Hassan-Arakalagud-Ramanathapura-Gangur-Periyapatna 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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Summary Karnataka Road Development Corporation Ltd (KRDCL) is undertaking the upgrade of a road section from Hassan to Periyapatna via Arakalagud, Ramanathapura and Gangur in Karnataka, India.
The project involves the upgrade of a 73.69km road section between Hassan to Piriyapatna and being implemented in phases.
It includes the construction of toll lanes, pedestrian walkways, intersections, service roads, bridges and related infrastructure, and the installation of signaling and safety systems.
KRDCL has adopted two stage process the project which includes a request for qualification (RFQ) in the first stage and shortlist the qualified applicants, which are then invited to submit financial bids (RFP) in the second stage for final bid selection on Design, build, finance, operate maintenance and transfer (DBFOMT) annuity basis.
On March 3, 2014, KRDCL issued RFQ for the DBFOMT contractor with a submission deadline as on May 19, 2014.
Dilip Buildcon Ltd. was selected as DBFOMT contractor in the fourth quarter of 2015 and a concession agreement was signed on March 31, 2016.
In November 2016, construction activities on 15km of road completed.
Construction works on the remaining part of the project are underway with completion scheduled by September 30, 2018.
Scope The project involves the upgrade of a 73.69km road section between Hassan to Piriyapatna in Karnataka, India.
The US$44 million project includes the following: 1. Construction of road 2. Construction of a toll plaza 3. Construction of pedestrian walkways 4. Construction of intersections 5. Construction of related infrastructure 6. Installation of signaling and safety systems
Reasons To Buy • Gain insight into the project. • Monitor the latest project developments. • Identify key project contacts.
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