Comments
Bangalore Metro Rail Corporation Limited (BMRCL) and Bangalore International Airport Limited (BIAL) on Tuesday signed a Memorandum of Understanding to build 4.95-km airport section of the ORR-Airport Metro through a Public Private Partnership (PPP) at an estimated cost of ₹800 crore.
This Metro connectivity to BLR Airport, likely to be commissioned by December 2024, will ease traffic congestion to the Airport.
BMRCL will construct the Airport Metro section and BIAL will develop and maintain the two metro stations that will be located within the Airport boundary.
Bettahalasuru station
In a related development, the Embassy Group, a real estate developers, has signed an MoU with Bangalore Metro Rail Corporation Limited (BMRCL) for construction of Bettahalasuru Metro Station with an investment of ₹140 crore. The MoU provides for an initial concession period of 30 years from the date of commencement of commercial operations.
The two stations within the airport boundaries are likely to see a daily ridership of 0.6 lakh commuters in 2024, increasing to 1.88 lakh commuters by 2041.
The civil work on the Airport metro section is likely to commence in March 2021.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.