Amidst allegations of the project being no answer to the city’s traffic problems, Deputy Chief Minister (Dy.CM) and Bengaluru Development Minister on Monday said only two companies had shown interest in the Expression of Interest (EI) floated by the Bruhat Bengaluru Mahanagara Palike (BBMP) on building the proposed tunnel roads. Mr. Shivakumar said the deadline will be extended to encourage more participation.
The announcements came on a day when a private company made a presentation on the project to Mr. Shivakumar at an event that was not open to the media.
The project is one of the Congress government’s most contentious - of converting the proposed 99-km-long elevated corridor network crisscrossing the city into tunnel roads. Expected to cost nearly ₹50,000 crore, the government is looking at implementing it on a public-private-partnership (PPP) mode.
