"The Rs 60 crore project being implemented on Public-Private-Patnership mode will help solving parking problems to some extent. After completion of two more phases the capacity would increase to 1700 cars," Managing Director Shimla Tolls and Projects Private Limited P K Sood said.
The parking has been leased to Shimla Tolls and Projects Private Limited on concession period of 30 years, he said, adding concession fee of Rs 1 crore per annum, with an increase of 10 per cent every two years, will be paid to Municipal Corporation of Shimla.
Supporting their demand, Congress Kusumpti MLA Anirudh Singh, said if a parking is constructed by dismantling the old PWD building it would house more than 700 vehicles.
The old PWD building is hindrance to smooth transportation, and neither pick-ups nor ambulance can enter the area, residents said.
Singh directed PWD to prepare an estimate for the parking and rehabilitate few families staying at PWD quarters.
He laidthe foundation stone for an additional building of Bal Ashram at Dhalli and directed work should be completed by June 1.
Singh paid a surprise visit to the Balika Ashram at Mashobra and was displeased to see that construction work of an additional building had not been started despiteits foundationstone being laid six months ago.
Addressing children at the Bal Ashram, he said the Sutlej Jal Vidyut Nigam Limited (SJVNL) had provided Rs 8 crore for constructing the Ashram's new building.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
