Business Standard
Thursday, Feb 16, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 
SPV formed for rail link to new airport
BS Reporter / Chennai/ Bangalore March 06, 2008
After two months of delay, the Karnataka government has formed a special purpose vehicle (SPV) to provide rail link to the new Bangalore International Airport, located 26 kilometres from the city near Devanahalli.
 
The SPV — Bangalore Airport Rail Link Ltd (BARL) — will design and implement a dedicated high speed rail network between the city centre (BRV Grounds on M G Road) to the new international airport, covering a distance of 34 kilometres.
 
The BARL has estimated the project to cost Rs 3,716 crore.
 
According to government sources, the BARL will shortly float global tenders to invite participation from infrastructure majors. As per the route identified by the government, a fresh track will be laid along the National Highway 7 (Bangalore-Hyderabad), which connects the city to the new international airport.
 
The new railway track will start from BRV Grounds and pass through Police Thimmaiah Circle, Raj Bhavan Road-Sankey Road, Windsor Manor junction, Mehkri Circle-Hebbal flyover. This stretch of the track will be elevated. From the Hebbal flyover, the track will be laid at the ground level along the NH 7. The travel time is estimated to be 25 minutes with stops at Hebbal and Yelahanka.
 
The high speed train will have six coaches. The frequency of each train will be 10 minutes. The train fare has been fixed at Rs 200 per person from BRV Grounds to the new international airport.
 
The Delhi Metro Rail Corporation, which has been appointed the consultants, will start the preliminary work with the project expected to be completed by January 2011.
 
The stake holders in BARL will include the state government, Bangalore Metro Rail Corporation, Bangalore International Airport Ltd (BIAL), Greater Bangalore City Corporation and Bangalore Development Authority.
 
BIAL CEO Albert Brunner had said his company would contribute 10 per cent of the equity in the BARL.
 
The government needs to acquire 29 acres of private land for the project. The cost of land acquisition is estimated to be around Rs 150 crore.
 
Though the new airport is set to become operational from March 30, connectivity to the airport has been a major problem.
 
Though the BIAL, which will operate the new airport, had suggested to the government three years ago to take up road and rail connectivity, successive state governments failed to attach any importance to the plea.
 
Air passengers have no option other than using the busy NH 7. Meanwhile, the GBCC, which had embarked on creating uninterrupted flow of vehicle traffic between High Grounds police station (on Raj Bhavan Road) and Hebbal flyover by March 30, is running behind schedule. Of the seven underpasses planned on the stretch, only one has been completed.
 
Recently, the government entrusted the National Highways Authority of India with the task of building a dedicated 26 kilometre road to the airport from the Outer Ring Road stretch connecting Hebbal and Nagawara.

 
 

SPV formed for rail link to new airport
BS Reporter / Chennai/ Bangalore Mar 06, 2008, 03:33 IST

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets open in red
- Kingfisher Q3 loss widens by 75%, costs mount
- Citigroup pays $158 mn in US mortgage fraud pact
- Olympus ex-president, others arrested: media
- Alibaba may take Hong Kong-listed unit private for $2.3 bn
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- We live for our family. have you secured them?
- Office 365 for professionals and small businesses.
- Earn fuel worth Rs.2400 with Citi
- India's No. 1 Property Site. Click here to know more..
- Diseases earlier, Saving Costs, Extending Lives. Know More..
- Get 5% cashback on telephone bills with Citi
- Enjoy the journey as much as the destination. click to know more..
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Medium-sized businesses are the engines of a smarter planet.
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Kanika Datta: The importance of being SRK
- Nestle: Food for thought
- Leela parts ways with Kempinski
- Tailor-made but not good enough
- Tata Motors soars to record level as JLR propels profit
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
  Hot Searches  
 
IRFC bond |  Antrix-Devas |  Rafale fighter |  Junglee |  IPL 5 |  Dhanlaxmi Bank |  Thomas Cook |  TCS |  Sarfaesi Act |  Vodafone |  Aakash tablet |  Sodexo |  Rupee |  Samsung Galaxy Note |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  Anna Hazare |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us