The Hyderabad Metropolitan
Development Authority
has issued a Letter of
Acceptance to the joint
venture of KNR Constructions
Ltd and SLMI Infra Projects Pvt.
Ltd for strengthening and
widening of the radial road from
ECIL X Road to Cherial X Road
in Hyderabad from km 7.0 to km
17.18. The project, valued at
49.25 crore, will provide better
connectivity to the Outer Ring
Road.
KNRCL and SLMI Infra Projects
hold 51 per cent and 49 per cent
share in the JV company and the
project is to be completed within
18 months from the specified date,
a company spokesperson told Projectmonitor.
The company had
submitted its bid for the project in
November 2011.
The project is part of HMDA's
plan to expand three radial roads
for better connectivity to the ORR.
The municipal administration
and the state urban development
department have approved the
tenders invited for the expansion
of radial roads, to be executed with
loan from Japan International
Cooperative Agency.
HMDA awarded the first of the
contracts, the Jeedimetla-Saregudem
radial road (RR No.11) to
GVR-DRA joint venture for
69.90
crore; ECIL X Road-Cherial X
Road (RR No.16) to KNR-SLMI
Infra joint venture for
49.25
crore; and Nagole Junction-
Gourelly X Road (RR No.22) to
SLMI Infra Projects Ltd for
31.67
crore.
HMDA had identified 33 radial
roads for smooth flow of traffic
from the inner ring road to ORR a
few years ago. The total estimated
cost of development of these roads
is
2,500 crore of which JICA
agreed to fund
380 crore with
HMDA bearing 30 per cent of the
cost and the state road and
bridges department and municipal
administration contributing
25 per cent and 10 per cent,
respectively.
The Hyderabad Metropolitan
Development Authority plans
to develop these roads in a phased
manner before the entire 158-km
Outer Ring Road stretch is ready.
The authority has taken up 10
radial roads projects so far out
of which seven have been
completed.
The completed radial roads are
Indian School of Business-Gachibowli
ORR, Agriculture University,
Rajendranagar-APRL, Langer
Houz-Vikarabad, a four-lane road
on Tippu Khan Bridge-Gandipet
(Narsingi), Byramalguda Junction-
Nagarjunasagar Road-ORR,
and Pahadisharif-Tukkuguda on
Srisailam state highway.