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Shivakumar Urges Faster Work on Airport Corridor and NH Projects
BBMP had first invited tenders for the tunnel project on January 25
The consultancy had received a contract worth Rs 90.5 million for the project.
The remaining amount will be contributed by the private contractor.
The Karnataka cabinet approved the 37-km Hebbal-Sarjapur corridor.
The loan, including interest, will be secured by a mortgage on BBMP properties
The project, estimated to cost around Rs 2 billion, is expected to be completed in three years.
The 36.59 km line will connect northern and southern parts of Bengaluru
Last August, the Union Cabinet approved the Metro Phase 3 project.
Some engineers have raised concerns about the project's viability.
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