Wednesday, July 28, 2010

Hebbal TTMC work next year

Hebbal TTMC work next year
AKANKSHA MEHROTRA
DC | BENGALURU


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The Bengaluru Metropolitan Transport Corporation (BMTC) is in the process of selecting a private partner to help it build the Traffic Transit Management Centre (TTMC) in Hebbal, expected to improve the city's connectivity to the Bengaluru International Airport (BIA), under a public private partnership model.
The project is likely to take off next year.
Speaking to Deccan Chronicle, BMTC director, projects, P.K. Garg said once the private firm was selected and the work got underway, the project would take two-and-a-half years to complete .

With the Metro Rail and High Speed Rail link to the airport also on the cards, the Hebbal TTMC, located at the intersection of national highway 7 (Bellary Road) and the outer ring road, will serve as a traffic hub, allowing commuters to interchange between different modes of transportation easily and efficiently under a `park and ride" concept.

"We plan to develop the project on a Design, Build, Finance, Operate and Transfer (DBFOT) basis.
The private participant will be selected through competitive bidding on the upfront premium and fixed annual concession fee to be paid to the BMTC. The concession period of 30 years may be extended by another 30 years," Mr Garg added.
Currently, of the 7.95 acres allotted for the TTMC, around 4.27 acres are occupied by a BMTC bus depot housing a maintenance workshop, washing area, fueling station, stores and administrative building.
Around 210 buses, including about 90 Volvo buses, operate from here already.

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