The Rail Infrastructure Development Company (Karnataka) Limited - K-RIDE opened up financial biddings for building an elevated line of Baiyappanahalli to Chikkabanavara on Monday.
KRIDE MD Amit Garg told The Hindu that among the three bidders, Larsen and Toubro has emerged as the lowest bidder by quoting ₹859 crore. “In the coming days, our tender committee will study the documents and if everything goes well, the contract will be finalised. The contractor is likely to mobilise the required resources in a month’s time to take up the construction work,” he said.